Well done. Non technical. A conversation I had with a financial technology expert made this clear:
The great chain of being sure about things
The technology behind bitcoin lets people who do not know or trust each other build a dependable ledger. This has implications far beyond the cryptocurrency ...
... provides clear descriptions of how blocks are created and verified; the various flavors of blockchains (the bitcoin blockchain, distributed ledgers, and private ledgers); and the 3 most frequent uses of this technology: asset transfers, timestamped registry, and self-executing smart contracts. ... "
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