Blockchain

and It's Applications

Ody Mbegbu

What is Blockchain?

Blockchain is a type of Distributed Ledger

Central vs Distributed Ledger

"Blockchain" is simply a block of transactions that are chained together.

Bitcoin makes use of the transactions to represent money (account balance)

Bitcoin is an Implemenatation of Blockchain

Applications

Block Chain for Digital Currency

Blockchain for Record Keeping

Blockchain for Smart Contracts

Blockchain for Securities

Summary

By Ody Mbegbu