Blockchain Explained

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=rvdNm9oHyqA

Fancy a twenty-first century solution to protect your valuables? You’ve come to the right place! To learn about one, that is… • I’m talking about blockchain. • This cutting-edge technology is essentially just a form of record-keeping – think a spreadsheet with some extra features. And whilst that may not sound exciting, the applications that blockchain technology could be used for in the future most definitely are - tracking votes to prevent election fraud, ratifying business contracts, even preserving evidence of human rights abuses… • But what exactly is blockchain? And how could it change the world as we know it? Find out in this explainer video from iluli by Mike Lamb – explaining the ideas and innovations changing our lives. • New videos on the 1st of every month. Don't forget to like and subscribe: https://bit.ly/subscribe_to_iluli • Or visit the iluli website: https://www.iluli.eu • _____ • 0:00 Introduction • 0:20 What it is • 0:39 How it works • 1:29 The process • 2:21 Decentralisation • 2:59 Consensus protocols • 3:51 Cryptocurrency • 4:24 Environmental impact • 5:12 Potential applications

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