In the past few years, blockchain has gained more and more traction in the business world. It’s versatility make it a prime tool for any business looking to excel in the future. To fully understand the extent of what a business can do with the blockchain, it is important to understand how it works at it’s core. The left side of the figure below shows how today’s economy is centralized and all transactions must go through a central point. While the right side of the figure shows how the blockchain allows financial institutions to operate as their own entities.
Source: Norton, 2016
Throughout this website you will learn the beginnings of the blockchain and how a business incorporates it into their operations.