What is the blockchain? And how is it going to impact the world? This documentary by Curiosity Stream explores how blockchain is allowing for the rise of cryptocurrency as well as how it is being applied outside of the financial sector.
The blockchain offers a model for managing information transfer that addresses several major business concerns: cybersecurity, cost-cutting, and due diligence. It is difficult to hack, it cuts out middlemen, streamlines processes, and establishes trust. According to its advocates, it could make banks and many other businesses unnecessary in the future. Without intermediaries making money by simply being an intermediary.