What Problem Does a Blockchain Solve?

April 16, 2018 📬 Get My Weekly Newsletter

Curious about Bitcoin and blockchains, I read the original paper, and documented what problem a blockchain solves, and if it’s of any use outside decentralized digital currency.

At its core, the blockchain concept described in the Bitcoin whitepaper serves as an immutable trustworthy ledger.

The site walks you through this problem step by step, then applies it to a non-currency use-case.