While you may not be familiar with the term “Blockchain,” I’m willing to bet you’ve heard of bitcoin. The crypto-currency is getting a lot of attention lately, as some early adopters and investors are seeing massive returns.
Blockchain is the technology behind bitcoin, the system used to secure the currency. Rather than belaboring the details of how Blockchain works, suffice it to say that the system creates a secure ledger for the tracing of individual pieces of content or data. This article from Harvard Business Review goes into more detail – The Truth About Blockchain. Wikipedia also features an extensive and well-sourced entry on Blockchain. Continue reading “Microtransactions, Blockchain, and the Future of Publishing”