We're on TV! Finance Magnates Picked Up by Netflix Crypto Documentary

For the broader public, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technology remain one of the enigmatic forces in the financial services industry. Following the recent launch of a new series on Netflix, Explained, this topic took center stage this past weekend, which picked up Finance Magnates coverage of the blockchain industry.

Explained is aired in over 190 countries, with each episode airing in twenty-seven languages globally. The series focuses on a number of different topics, ranging from DNA editing to cryptocurrencies and everything in between. Most recently, however, it was the series’ emphasis of blockchain technology, which stands to change much more than the financial services industry.

During the segment, Finance Magnates’ coverage of the blockchain sector was included, emphasizing the role of the technology in future voting techniques and elections. The notion that blockchain could help shore up voting security is a huge draw for both countries and governments, especially during a time when fears amongst voters regarding hacking, foreign intervention, and foul play is at an all-time high.

The episode also touches on the raw potential of blockchain technology, which many see as untapped. With several advantages, blockchain should be viewed as far more than a buzzword or new fad, but rather a disruptive force that could redefine several industries.