When many hear the word Blockchain, they think immediately of Bitcoin and other cryptocurrencies. This is an unfortunate mistake. You can classify types of Blockchains across two dimensions:
Some claim Blockchain will fundamentally change the world. Others dismiss it as hype. The truth probably lies somewhere in between. Naturally, reaching your own conclusion of what Blockchain might mean for the world, your industry, or your business requires an understanding of what it is. Here we attempt to cut through some of the noise and describe, in accessible terms, what this technology, whether transformative or hype, really is.