The term “blockchain” is everywhere, and it is likely that you will interact with blockchain technology every day in the years to come.
Blockchain technology recently came to the public’s attention thanks to rising prices in cryptocurrencies, like Bitcoin. However, it continues to expand into almost anywhere information is stored, like primary voting, healthcare, and real estate. Startups are even using initial coin offerings (ICOs) built on blockchain technology to raise money instead of using a more traditional venture capital route. A startup company can release its own digital currency, which investors can purchase instead of buying shares in the company. In 2017, startups raised $6.8 billion through ICOs.
What is blockchain?