Blockchains are a relative new concept that started out when Bitcoin and the original Whitepaper came out, in fact, Satoshi Nakamoto’s Whitepaper didn’t even mention the word Blockchain, so how did this even became a thing?
Blockchains are (most of them) ledgers that distribute data usually in a decentralised and public form, that means that once the information is registered, theoretically it cannot be manipulated or altered which makes a great use for data management such as logistics, health records, and of course Money!
Bitcoin is not only the first Blockchain created, it was the first use of this technology and the first successful implementation. Now governments, companies, and regular people from any country, social class or economic background can access financial services that are not tied up to a government or backed by a commodity.
Bitcoin is not owned by anything or anybody which makes it a perfect tool for economic autonomy and the separation of governments and money. Blockchains will record and storage the world’s data so we can finally move to a digital world.