What is a blockchain basic 101 information video Partner With Ben

What is a blockchain?

The simplest way to explain a blockchain is a list of transactions that anyone can see and verify.

Crypto Currencies like Bitcoin, Etherium and Hive are powered by blockchain technology.

Crypto currencies and the blockchain technology powers them to transfer value online with out the need of a middle man like a bank or credit card company.

A blockchain is basically an open alternative to financial services we use today, accessible with any device and an internet connection.

Almost all crypto including Bitcoin, Etherium, Hive and litecoin are secured via blockachain networks.
Making payments through a secure blockchain network means we do not need banks to verify them.

This is called peer to peer transactions.

It is actually more secure to use a blockchain transaction to make payments rather then a credit card transaction.

The reason being there is no sensitive information being exchanged.

This means there is almost zero risk to your financial information being stolen.

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