Blockchain 101

Blockchain for Bankers

Blockchain technology holds tremendous promise to improve financial services, offering faster, cheaper services that can help promote financial inclusion, drive economic growth, and support the role of the U.S. Dollar as the global reserve currency.

What is Blockchain?

Blockchain or Distributed Ledger Technology (DLT) is a ledger. Like any other ledger it is used to record ownership of assets (both digital and physical). Unlike traditional ledgers, blockchain is distributed, meaning it is written and and maintained by the network using the ledger rather than a central authority.

The Evolution of Ledgers

Blockchain ledgers store data in a series of blocks that are chronologically linked.

Why is blockchain different from other ledgers

Benefits of Blockchain

Digital Assets

Digital assets are units of measure that are recorded, transferred, and held on a blockchain ledger. They can represent any form of value from real world assets to intangible value.

Digital Asset Market

Types of blockchain