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AGENCY OF RELEVANCE B © 2016 A-Z Culture Glossary

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AGENCY OF RELEVANCE
B
© SPARKS & HONEY 2015

Image: Bloomua / SHUTTERSTOCK
BLOCKCHAIN
Most know of Blockchain as the self-generative software
driving Bitcoin, but Blockchain has many other uses.
Blockchain is an efficient, secure and instantaneous
mechanism for managing transactions between parties.
It provides verification of the “buyer” and “seller” of any
transaction and thus can be used for package deliveries
and data transfers and secure communications). In
2016 we expect to see Blockchain appear as a security
feature of products and services.
CULTURAL CHALLENGE
Watch this video about
Blockchain that simply explains
how it works.

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