| Blockchain is a decentralized, immutable, and transparent digital ledger that securely records and verifies transactions across multiple computers or nodes. It operates through a network of participants who collectively validate and store each transaction, creating a chain of interconnected blocks. Each block contains a unique cryptographic hash that links it to the previous block, ensuring data integrity.
The distributed nature of blockchain eliminates the need for intermediaries, increases security, and fosters trust among participants. It has applications beyond cryptocurrencies, enabling efficient and reliable solutions in various industries such as finance, supply chain management, healthcare, education and accreditation. |
John Domingue | TEDxOpenUniversity:
“I believe that with blockchain technology we can create a radically new type of university: a DAO University. A DAO is a Decentralised Autonomous Organisation which operates with no central control and no humans in the loop and are based on Smart Contracts: pieces of computer code on a blockchain which can represent and enact financial and legal contracts. ”
Miguel de Cervantes (Don Quixote): “Ladran Sancho, señal que cabalgamos”
“Let the dogs bark Sancho, it is a sign that we’re moving forward.”
