Blockchain is a type of technology that emerged in the late 2000s. It can be thought of as a large public accounting book that is anonymous and forgery-proof.

Blockchain technologies can take various forms and be used for a wide variety of means. Broadly, blockchain technology is used to store and transmit information and allows for the creation of replicated and distributed registers, without any central governing body. The processes are secured via encryption. Blockchain technology can take several forms, it can be public, private, consortium- or DLT-based.

Would you like another cup of tea?