Distributed Ledger Technologies

Decentralized cryptography — the new standard?


1969: The internet is invented. 2007: The iPhone is launched. These two milestones have resulted in wide-scale changes that extend far past the world of technology. With the blockchain, we have come to a similar tipping point. This technology is namely poised spur changes that may also have a broad impact. 

Trust without guarantees

On the Internet of Things, devices communicate with one another through the internet. The concept of “trust” is foreign to things. The blockchain replaces the neutral intermediary and guarantees secure value transfer.

The blockchain makes payment secure and affordable

The electronic currency bitcoin is the most popular blockchain application. Payments with bitcoins are easy to transact and irreversible. And they the fees involved are considerably lower than for instance credit card processing fees.

A chain of linked blocks

A ledger keeps track of all debits and credits. Once it’s full, the balance is transferred to a new ledger. These ledgers are temporally and mathematically linked. The blockchain is simply a chain of such ledgers, also known as blocks, that replicate all transactions with complete transparency. 

Computations secure valuable documents

The blockchain secures more than just payment transactions. For instance, it manages ownership structures, creates tamperproof documentation, and establishes shared databases for competing parties. 

Choose your workshop format

Work with our experts to discover what the blockchain means for your business model. Play around with cryptography, learn about real-world use cases, and outline practical applications for your own company. Choose between a two-hour course, a six-hour course, or a two-day intensive workshop. 

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