It’s finally here — the day we talk about blockchain. Blockchain is a new technology — providing a global marketplace, allowing you to transact with a click of a button. Blockchain is a highly evolving area and not a day goes by without some new, interesting developments.
So don’t worry if you don’t understand what the blockchain is — we’re here to give you a basic understanding so you can go forth and use the technology!
Key Takeaways:
[:13] About our topic for today: blockchain!
[2:27] What is the blockchain?
[5:20] An example of the practicality of blockchain in real estate.
[7:27] What is a security token?
[11:30] What is a utility token?
[12:16] Definition of a token.
[13:18] How tokens relate to alternative investment.
[14:48] What are the advantages of using the blockchain and tokens to represent ownership in an asset? Why is the world going in this direction?
[16:10] The difficulties of liquidating assets and how the blockchain helps.
[18:37] A huge advantage of the blockchain: increased transparency.
[19:25] All the great advantages to blockchain.
[21:35] Recapping all of our info on the blockchain.
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