By now, pretty much everyone with an internet connection has heard of blockchain technology, though understanding it seems to be a different matter entirely.
It’s not an intangible concept that imbues magical security, veracity or value into ethereal monetary systems, as many seem to think. It’s merely a fault-tolerant list-maker and digital data transfer protocol -- a record-keeping system that functions a bit differently than those used more widely at the moment. Various decentralized digital ledgers (blockchains) operate on a peer-to-peer basis among participants with a vested interest in whatever is being exchanged or tracked, who collectively verify and record transactions using cryptography.
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