So, it’s secure, it can’t be changed without everyone seeing it, and it’s transparent, so any one party to a blockchain can see where each piece of data was created, when, and by whom. It can do multiple things, but it feels like a solution in search of a problem .
Read moreIs blockchain really useful?
Blockchain increases trust, security, transparency, and the traceability of data shared across a business network — and delivers cost savings with new efficiencies.
Read moreWhat is blockchain best used for?
Different types of information can be stored on a blockchain, but the most common use so far has been as a ledger for transactions . In Bitcoin’s case, blockchain is used in a decentralized way so that no single person or group has control—rather, all users collectively retain control.
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