blockchain technology: what is it and how is it relevant for nonprofits? /

Published at 2019-05-30 19:19:57

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By Paul Lamb,Principal at Man On A Mission Consulting, has over 25 years of experience in business, and nonprofit management,technology, and public policy. We’ve all heard approximately blockchain, or at least its most well-known application – bitcoin. But what exactly is blockchain it and how is it relevant for nonprofits? Blockchain Simplified  At its core blockchain is a database technology. What makes blockchain unique as a database,however, is its distributed nature. This means that its software sits on a network of separate computers (called nodes). Each node is required to verify transactions and store the same records in

Source: nptechforgood.com

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