Blockchain explained infographic


If the blockchain frenzy and the hype surrounding it is anything to go by, blockchain is set to revolutionise everything from the way in which we make payments to the way in which we drink beer.

I may have made that last bit up — but you get the idea that in and amongst the buzz there are some pretty wild predictions being made! Through these 6 awesome infographics we get a good understanding of what blockchain is:. Okay, this particular infographic by the Financial Blockchain explained infographic has been really popular blockchain explained infographic various social media platforms.

I like it because it explains what is blockchain in a really simple way:. Importantly, Nasreen states that the technology is blockchain explained infographic in its infancy and opportunities are being explored. This is a cool infographic, in a slightly nerdy way. This is worth a look.

It takes you through a real world example of a bitcoin transaction, you get to visualise how the underlying technology is enabling the processing of that transaction.

You do need to blockchain explained infographic at it for a little while though — but it nicely pulls together some of the theory described in the above infographics in a real world example. This is pretty useful since it brings together the above blockchain concepts and explains how they can potentially be applied to the financial landscape. Well worth a read! In this last blockchain infographic we get to understand that blockchain has wider implications beyond financial services.

It highlights some of the non-financial uses of blockchain that are currently being explored. Thanks for reading — Take a look around…!! Diigo Links weekly Mr. Easy Mining — Ge4ce. The Best Ethereum Explanation for Newbies. Cryptocurrency stats — unclo. Email will not be published required. Through these 6 awesome infographics we get a good understanding of what blockchain is: How a Blockchain Works — FT Okay, this particular infographic by the Financial Times has been really popular across various social media platforms.

I like it because blockchain explained infographic explains what is blockchain in a really simple way: Blockchain Technology Breakdown Infographic — Followmyvote This is a cool infographic, in a slightly nerdy way. How a Bitcoin Transaction Works This is worth a look. Easy Mining — Blockchain explained infographic Pingback: