At its most basic it allows two or more people, businesses, or computers to exchange value in digital environments without having an intermediary like a bank or a third-party platform between them. In other words, blockchain redefines the terms of trade for the digital economy.
Blockchain burst on the tech scene ten years ago with the launch of Bitcoin. That first introduction led many business leaders to see blockchain and cryptocurrencies as synonymous. In fact, blockchain’s value proposition is far broader.