Last week we offered the ultimate beginner’s guide to WTF Blockchain is. However, for those with even shorter attention spans – squirrel – WIRED magazine has managed to explain why there is such fervor surrounding the blockchains in under two minutes.
Saving the planet, fixing healthcare, replacing conventional currency – there is apparently nothing that the shared-database technology known as blockchains can’t fix. At least, that’s the impression given by the horde of governments, banks, entrepreneurs, and tech companies working on the technology.
But what is a blockchain and why the excitement? If you’ve got 2 minutes, WIRED can explain…