ETA Summary Sheet Outlining Blockchain Technology
March 17, 2016
What is Blockchain?
A blockchain is a data structure that makes it possible to create a digital ledger of transactions and share it among a distributed network of computers. It uses cryptography to allow each participant on the network to manipulate the ledger in a secure way without the need for a central authority. Most people are familiar with the blockchain as the technology underpinning Bitcoin, which was the first application built on top of a blockchain.