Blockchain

Blockchains are decentralized peer-to-peer networks with a shared append-only ledger maintaining a consensus through a protocol. The unique characteristics of blockchains make them potentially transformative for a variety of industries requiring secure online transactions. They have the potential to solve a fundamental problem of digital trust whereby two individuals can perform almost any arbitrary transaction without a centralized trusted authority approving their transaction. Financial transactions are a natural starting place for blockchain technology, however, with the development of smart contract technology numerous applications can be adopted such as voting, supply chain, electronic health records, estate and property records, and much moremorre.