Saturday, July 10, 2021


 Cryptocurrency Exchange platform Coinbase went public this week, an event which is widely considered as a 'watershed event'.

As #cryptocurrency goes mainstream, more companies are jumping on the bandwagon. PayPal users can buy/sell/hold crypto directly via its service. Elon Musk recently said that Tesla was now accepting Bitcoin as a form of payment.

It's 'safe' to say that the concept of money, as we know it, is getting disrupted much the same way the advent of internet disrupted the world of information.

The technology that enables the existence of crypto is Blockchain.
It's always an interesting challenge to simplify an emerging tech like #Blockchain and explain it to a kid ?

Drawing inspiration from the examples in our day-to-day lives usually is of great help in simplifying a complex concept.

In the book, 'The Tech Whisperer' Jaspreet Bindra beautifully explains the concept of Blockchain using analogies such as Ledger, Kitty Party (yes you heard it right!) & says 'Bitcoin is to Blockchain what email is to Internet. A use case. Bitcoin is a use case of Blockchain.'

A few other analogies that i found useful were Casino and Google docs. Read more: ,summary in my #sketchnote

How else would you simplify blockchain ?

My Sketchnote:

My LinkedIn Post:

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