Blockchain is the buzzword today and many people do no understand what it is and where the term came from. You will of course have heard about bitcoin which is a cryptocurrency and blockchain is the technology used for it. Blockchain is the centralised ledger of all transactions across a peer to peer network. This infographic portrays the vital role of Blockchain Technology with respect to businesses and its essence in the monetary world today. Our friends at fullestop sent us over this useful detailed infographic to let you see what it is all about.

By Jim O Brien/CEO

CEO and expert in transport and Mobile tech. A fan 20 years, mobile consultant, Nokia Mobile expert, Former Nokia/Microsoft VIP,Multiple forum tech supporter with worldwide top ranking,Working in the background on mobile technology, Weekly radio show, Featured on the RTE consumer show, Cavan TV and on TRT WORLD. Award winning Technology reviewer and blogger. Security and logisitcs Professional.