I am, by nature, an inquisitive person. Living in a VUCA (Volatile, Uncertain, Complex and Ambiguous) world means you need to adapt to survive – especially if you’re expected to be a future leader of the fourth Industrial Revolution.
To quote Assoc Prof Tan Joo Seng from the Nanyang Business School: “Whether you are a student choosing a university or subject area to specialise in, or someone building a career and trying to improve the world, remember one thing: Being curious will put you on the path to success.”
It was curiosity that first set me down the rabbit hole that is blockchain. Beyond Bitcoin, blockchain has far-reaching applications that every university student – or the future workforce – should know about.
The basics of blockchain
The media was obsessed with Bitcoin – and similar sounding cryptocurrencies in 2018 – after the former hit a value of US$19,783.21 on December 2017, its highest on record. Then there were talks of regulations and ICOs (Initial Coin Offerings, where start-ups raise funds by offering public shares in the form of cryptocurrency).
At the base of all the exciting talk, is blockchain. So what exactly is this heavy sounding technology?
Source: https://blockchain.wtf/what-the-faq/what-is-blockchain/