Blockchain is a decentralized, digitally disseminated ledger of data. The basis of a successful blockchain system is once a new group of information, or “block”, is added, the information automatically disseminates and is downloaded to each computer on the network. This assures that if one computer tried to change information on a block, the consensus of all the other computers’ blocks would triumph. This process renders all information on a completed block decentralized and theoretically permanent.
A cryptocurrency is a digital currency typically utilizing a Blockchain system for transaction records and cryptography for security. The major differentiator from physical currency is it isn’t issued by a central authority and thus theoretically acts independently of traditional banking and government influence.
The Blockchain Ecosystem is comprised of companies involved in all aspects of Cryptocurrency & Blockchain technology advancement and adoption.
These companies will primarily include, but are not limited to, those companies that mine, trade, or promote the mainstream adoption of cryptocurrencies, companies that provide trading venues for cryptocurrencies and other blockchain applications, companies utilizing blockchain technology in connection with financial transactions, and companies developing and utilizing enterprise blockchain solutions. For more information see our ‘BKC Investment Case’, and our ‘BKC Fund Primer’.
There are many different topics to explore further. The landscape is constantly changing as new ideas are shared and implemented. For further information on these topics and more, please sign up for our mailing list by sending us a note at firstname.lastname@example.org.