What is Blockchain? Blockchain is a decentralised peer-to-peer, append-only, immutable distributed ledger that cryptographically secure records of transactions. The ledger is spread across a peer network which means it is not controlled by single entity where each peer holds a copy of the complete ledger. Blockchain technology offers security, transparency, trust and cost-saving benefits. ——————————————————————————————————————————————————————————————- Blockchain beyond Bitcoin and cryptocurrency In 2008, Satoshi Nakamoto, a pseudonym, published a white paper - Bitcoin: A Peer-to-Peer Electronic Cash System, with a goal to enable a trust-less digital currency for transactions between unknown individuals which could eliminate the role of a trusted third party. This goal was achieved by blockchain technology that underpins Bitcoin. However, because of the characteristics and benefits of blockchain technology it is considered as a disruptive technology which has potential use cases in nearly all industries. ——————————————————————————————————————————————————————————————— Here is a collection of 70 such startups that are taking advantage of this nascent technology. (Appendix: All the data is collected from Crunchbase, official website, LinkedIn, and twitter accounts of the startups)
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