35 years: Financial technology
Blockchain is an amazing new technology that is going to change the world just like barcodes did back in the 70s. In this first video of the series, Brian will explain the history of barcodes in trade and discuss how blockchains will enhance these existing barcode systems.
Blockchain is an amazing new technology that is going to change the world just like barcodes did back in the 70s. In this first video of the series, Brian will explain the history of barcodes in trade and discuss how blockchains will enhance these existing barcode systems.
8 mins 57 secs
Blockchain is the underlying technology behind Bitcoin and other cryptocurrencies.. The most prevalent applications of blockchains are in financial services such as payment schemes. But what will bring the most development, is when corporates realise the benefits of using this technology.
Key learning objectives:
Identify the uses and benefits of the existing barcode system
Explain the uses and benefits of the blockchain technology
Define ‘smart contracts’