What is Blockchain and Why Should I Care?
Blockchain technology is widely anticipated to disrupt major industries and business operations over the next several years. But with all of the “hype” in the blockchain market, at times it can be difficult to separate fact from fiction and identify the real value in this new technology. To help bring things into focus, we’ve crafted a five-part series to introduce blockchain from a technological, market, and legal perspective.
Our first episode provides an introduction to what blockchain is, how it works, and the key blockchain networks that everyone should know about.
Bitcoin – Understanding the Phenomenon
The Bitcoin Network is the world’s first implementation of blockchain technology, and bitcoin is one of the world’s most widely used cryptocurrencies. In many respects, the blockchain market started with bitcoin, and so the origins and concepts underlying the Bitcoin Network can provide insights into the issues that drive the larger blockchain market. There are also just some really interesting stories surrounding the Bitcoin Network—like the fact that we still don’t know who actually created it.