The technology most likely to change the next decade of business is not the social web, big data, the cloud, robotics, or even artificial intelligence. It’s the blockchain, the technology behind digital currencies like Bitcoin. – Harvard Business Review
Blockchain is a digital data storage mechanism where each record (transaction / event) is time stamped (chronological) in a secure way (hashed) and clubbed together (blocks) with a reference to the previous block (eg: merkle tree) thus forming a chain of blocks.
A network of such blocks spread across incentivised nodes (miners) have a way to share/ transmit (eg: whisper protocol) data and reach consensus (Proof of Work, Proof of Stake etc) without a centralised book keeper / institution.
This is Distributed Ledger Technology (DLT). This ecosystem forms the foundation of a purely de-centralised peer-peer economy without intermediaries such as Banks, Governments, Hosting Solutions, Payment gateways, Ubers, Airbnbs etc.
We have a platform agnostic view towards blockchain be it permissionless (ethereum, bitcoin) or permissioned (Hyperledger). We are here to help you demystify blockchain and how it can be used in your industry.