Since lately the word Blockchain is very fashionable and is described as a possible solution to all ills, I still see a lot of people who are struggling to understand from a practical point of view its possible uses so I decided to list a couple of uses of this technology in the hope of helping someone to understand it more.After all the hype that has been created towards the end of 2017, the word Blockchain is on everyone's lips. All startups are now dealing with that, all are blockchain enthusiast but at the end of the day, few people manage to indicate in a simple way what can really be done it.Before starting, however, I want to make a couple of clarifications:Blockchain IS NOT the technology behind cryptocurrencies but IT IS ONE of the 4 underlying technologies. These are the blockchain (for the note), the consensus mechanism (ie the Proof of Work of Bitcoin and Ethereum), the peer-to-peer network and the cryptography. Everyone for the sake of simplicity merges all of those in the word "Blockchain" and I will do the same, but remember that all 4 of those technologies are all fundamental.


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technology,fintech,smart-contracts,distributed-ledgers,blockchain