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What is blockchain and how does it work?

Blockchain overview Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

What is IBM Blockchain services?

As the top-ranked blockchain services provider, IBM Blockchain Services has the expertise to help you build powerful solutions, based on the best technology. More than 1,600 blockchain experts use insights from 100+ live networks to help you build and grow. Embracing an IBM Blockchain solution is the fastest way to blockchain success.

Can there be infinite blockchains?

Well, the oodles of money being thrown around is what gets a lot of attention, but blockchain technology isn’t just limited to financial purposes. Technically, anyone can make a blockchain to keep track of anything, so there could really be infinite blockchains. (I even made a very silly one while writing this article.)

What are the different types of blockchains?

At this point, you’ve probably heard of at least three cryptocurrencies: Bitcoin, Ethereum, and Dogecoin. All three run on their own, separate blockchains, and there’s way more where those came from, just in the cryptocurrency space alone. So blockchains are used by people looking to get rich, but Online?