What Is Blockchain And Why Is It Important? | Step Into The Basics Ep 9

What is blockchain? How does it work? And what does it have to do with cryptocurrency? Our host Kelly Wakasa breaks down the basics of blockchain and shows us why this technology is revolutionizing the way we think about money in the digital world.

We get it – understanding blockchain and how cryptocurrency works can be really confusing, but it’s something we hear more and more about everyday. In this episode we learn about how blockchain technology is being used as the leading security measure for owning digital assets and how it’s becoming a fundamental invention in our modern world.

0:00 Intro
0:19 History of Blockchain
1:28 Cryptocurrency
2:02 DeFi (Decentralized Finance)
2:52 How Blockchain Works
3:48 What is a Blockchain
4:06 Blockchain Receipts
4:33 Why Blockchain Is Important

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