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How Blockchain Works: Why Blockchain?

6 minutes 5 seconds

Now Playing As: Captioned (English) (change)

This video explores the fundamentals of blockchain technology, demonstrating its transformative potential in managing trust and data. Titled "How Blockchain Works: Why Blockchain?", the video delves into blockchain's role as a decentralized system, bypassing traditional trust in banks, companies, and governments. Key concepts include decentralization, distributed networks, and cryptocurrencies like Bitcoin. The video discusses historical trust systems, from early currency to new digital methods, highlighting blockchain as a revolutionary tool for recording and verifying data without central authority. This content aligns with educational standards, enhancing understanding of trust, technology, and finance.

Media Details

Runtime: 6 minutes 5 seconds

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