Relax! Blockchain is Just a Ledger (Outside In)
Drama-Free Blockchain…While blockchain technology became more widely known because of the launch of Bitcoin nearly a decade ago, it is essentially just the electronic form of a ledger – a record of transactions. With the exception of the concept of electronic mining, blockchain is really nothing new. From the Sumerians, to English tally sticks, to the double-entry method of bookkeeping by Amatino Manucci and now globally through electronic means, we will trace the history of the methods of maintaining ledgers for accurate record-keeping.
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