Blockchain Technology Simply Explained

In this video, we will take a simple, easy-to-understand look at blockchain technology. We will talk about the technology behind blockchain, how it works, and what it could be used for.

Blockchain technology is an innovative distributed ledger technology that is changing how we store and share information. It is a decentralized computing system that lets users store data safely and do business without trusting each other. Many different fields, from finance to health care, are starting to use this technology.

At its heart, blockchain technology creates a shared digital ledger of transactions that can’t be changed. Each transaction is recorded as a block, which is linked to the block before it in a chain. The blockchain gets its name from this chain of blocks, which makes it a very secure technology.

When it comes to security, blockchain technology is very safe because it uses advanced cryptography to protect data and make sure that only authorized users can access and change it. This makes it perfect for applications that need the highest level of security, like those in finance, health care, and government.

By the end of this video, you will have a better understanding of blockchain technology and its potential use cases. So, if you are interested in learning more about blockchain technology, then this video is for you!

Decentralization Explained in One Minute: Bitcoin vs. Altcoins

Through this one minute animation, we will find out what decentralization in let’s call it a financial sense is in the first place as well as what the ramifications are with respect to the cryptocurrency landscape.

More specifically, a meaningful understanding of what decentralization is in the first place will enable us to find answers to a wide range of questions such as:

1) How decentralized is Bitcoin itself and why?

2) What about altcoins, should they be considered as decentralized as Bitcoin?

3) What are the pros as well as cons of decentralization?

4) Is decentralization always the answer in the world of finance?

5) If not, then what are the instances where decentralized solutions such as Bitcoin make sense and when would a centralized alternative represent the superior choice?

While there are few certainties in the world of economics, it is fortunately anything but difficult to wrap your head around decentralization, especially as it pertains to the ever-so-heated Bitcoin vs. altcoins debate

The Science Behind Blockchain Governance

Prof. Dr. Hans Gersbach discusses the science behind governance in blockchain to understand why Concordium is so eager to do extensive research when designing its model. Prof. Dr. Hans Gersbach serves as an advisor to Concordium and Professor at ETH Zurich.

Web 3.0 Explained In 5 Minutes

Web 3.0 is a concept for the internet’s future phase, which envisions a decentralized ecosystem built on blockchain technology. It would be a change from the present ecosystem’s centralized mega-platforms and companies, and proponents argue it will address what’s wrong with the internet today while also reversing the decline of democracy. So, this scribe video on WEB 3.0 will enlighten you about what is web and how it came into existence, and how it has evolved from web 1.0 to web 2.0 and is now transforming into web 3.0. Web 3.0 is going to revolutionize the internet and also benefit society in so many ways.