A beginner’s guide to the blockchain

To demystify Blockchain, let’s look at what it is, how it works and the cost of transacting on the platform, write Philip O’Reilly and Kevin O’Leary

24th September, 2017

Distributed ledger technology, aka blockchain, is a hot topic among organisations at the moment and has been the subject of much hype.

Organisations are now seeking to move beyond exploratory use cases and proof of concepts (POCs) towards scalable pilot and operational systems.

Blockchain has the potential for significant economic and business effects. The blockchain is immutable, meaning transactions cannot be changed/deleted once added to the blockchain.

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