Distributed ledgers are specific sets of records; specific because unlike traditional ledgers they are not kept and updated on a centralized server but rather stored in a computer network that is distributed, meaning that a copy is kept on multiple computers. It is a network based on peer-to-peer (P2P) technology. It is basically a computing architecture that splits tasks among its nodes.
You can learn more about blockchain and its applications to financial services in other videos here: https://financeunlocked.com/blockchain-1-4-key-concepts/
Igor is the author of “Blockchain Babel: The Crypto-Craze and the Challenge to Business.” The book was a Financial Times Book of the Month and a finalist in the Bracken Bower Prize. He has published more than 50 articles on blockchain and financial technology. Moreover, Igor is the Head of Marketing and Product Management for BNP Paribas Personal Finance in Austria.
You can find more of Igor Pejic’s videos here: https://financeunlocked.com/expert/igor-pejicfinanceunlocked-com/
Steve Rich's Exciting New Book: A Journey into the World of Forex Trading!
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