Introduction
Today millions of people around the world have heard about blockchain, as the technology that underlies Bitcoin and other cryptocurrencies. The main idea is quite simple: a blockchain is a database that registers information about any event, in such a way that this information cannot be modified in any way after it is entered and has to be congruent with the information already sitting in the database. This description corresponds with the definition of a ledger: a book where accountants or registrars keep a record of events like sales, payments, etc.
It is clear that such a technology would encounter many use cases in the financial sector, as it has already done, particularly in fundraising and payments. But apart from that, blockchain use cases have been developed in various industrial sectors. In particular, blockchain’s utility has been advocated as the technological layer for the content creation industry, due to several of its features, briefly described ahead.
Copy link