Blockchain is the ultimate technological form of democracy. Its power resides on its "people", that is, on the nodes that store the data and also work in mining each block, and they are those that make blockchain a so powerful technology. In an environment that demands trust, transparency, collaboration, security and disintermediation (where third-party are taken out by connecting directly two parts) is where we can take the most out of blockchain. Financial Services Industry

Blockchain was purposely designed as a decentralized technology so it could use a global network of computers to manage the database that stores Bitcoin transactions. This is the same as saying that it operates as a P2P (peer-to-peer) network, but every peer (the same as user or node) is also an administrator of the blockchain. Unlike traditional P2P sharing files tools that we know, each node is "mining", or competing to win Bitcoins by solving computational puzzles. That wa

Image: www.blockgeeks.com Although nobody really knows who is the person or group behind the pseudonym Satoshi Nakamoto, the inventor of blockchain, his invention is revolutionary. It was designed to implement the digital currency Bitcoin, but soon people realized that a technology that allows data to be distributed but not copied could be used to level up the internet. According to Don & Alex Tapscott, authors Blockchain Revolution (2016): “The blockchain is an incorruptible

The current economic system is deprecated. In a world where the amount of information and the quickness of its distribution are enormous, the economy still seems to use the internet as a cane, going slowly and sometimes stumbling on its way. Nobody really paid any attention to this situation and nothing revolutionary has emerged in this scenario until now. Suddenly and mysteriously emerge Bitcoin. A cryptographed financial transaction that rewards who decryptograph it with pa