Welcome to Block Shots. In this first episode, the topic is introduction to blockchains with a basic example.
Blockchain is a system that allows two or more mutually unknown parties to reach an agreement without middlemen. The agreement could be on the state of any kind of data: Fintech — accounts and balances (like in Bitcoin); Supply chain — the temperature of a shipping container at a point in time.
There is no single point of control and failure in a blockchain.