This page is about Blockchain and Blockchain Technology. We will answer questions like “What is blockchain?” and “How do I learn more blockchain info?”

If you have found this page and are actually looking to learn more about bitcoin and cryptocurrencies, please visit our Bitcoin page, or our partner site CryptoGainerz.

We have put together the best of video commentaries along with links and resources to bring you up to speed in no time.

Blockchain Explained: What Is Blockchain?

When you vote, do you ever wonder if your ballot is valid? This explains the overall concept of blockchain and its practical applications in two minutes.

This is another fun video where Blockchain Expert Bettina Warburg, Co-Founder of Animal Ventures, explains to us what blockchain is in 5 levels. She walks us thru explaining it to a child, pre-teen, college student, grad student, and another expert. She is a researcher in transformative studies.

This video explains the more technical aspects of blockchain in about 15 minutes. Lorne Lantz from New Kids on The Blockchain walks us through what blockchain really is. Learn more by clicking the play button.

So essentially, blockchain is popularly known as a way to decentralize payment networks. The internet brought about decentralized access to data and information. For example, Wikipedia uses the internet to decentralize access information. It is instant and does not require any single authority to publish the content.

An example of a popular payment network today is PayPal. We rely on PayPal to maintain an up to date ledger of all transactions being made.

With a decentralized system, we count on a network of computers to maintain the ledger of transactions. By utilizing blockchain technology, 6,000 computers around the world are updating the ledger. Blockchain is a process to update a shared ledger.