The blockchain is a very exciting technology for newcomers. Many enthusiasts in the space of tech and early adopter shave termed the blockchain one of the most important inventions on the internet.
And just like the early days, the blockchain is slow and not user-friendly. The blockchain could end up changing everything else, just like the Internet did in the early days.
But just like most people didn’t take the internet seriously back when it was first released, a large number of people remain unaware of the blockchain’s potential and the kind of results that it will do for the world.
Best Beginner Videos For Blockchain Technology
In order to get acquainted with the blockchain, what better way is there to watch some interesting videos about it? So here are the best blockchain videos for beginners.
What Is Blockchain?
This video was recorded by the World Economic Forum, which is one of the organizations that many people have a lot of respect for. This video describes how the blockchain came to be and where it can be implemented across numerous industries. It also shows us who the winners and losers will be when it comes to blockchain technology.
Blockchain – A Short Introduction
This is another must watch video, as it shows how the blockchain emerged and evolved from Bitcoin. It starts from the perspective of money as the first example and shows how the blockchain can reduce our reliance on fiat currency. The last part of the video tells you how the blockchain can be used for creating a digital identity for both money and everything else.
What Is Blockchain?
CNBC has its own perspective own blockchain technology with this video. It acknowledges the fact that blockchain technology has been in the past for illegal activities such as buying drugs and even illegal loans, but it mostly focuses on the most positive use cases. It’s great to see that companies like UNICEF still believe that the blockchain is a force for good and that the traditional banking system now faces a new threat from blockchain and fintech-based startups.
Blockchain, How It Works
This video outlines the importance of maintaining distributed ledgers, given how costly maintaining those ledgers can be with the growth of international commerce. It also shows a good insight as to the blockchain use case that extends beyond finance. For example, the diamond industry and its various supply points. The blockchain can make it cheaper, safer, and easier for the blockchain to be used in this way.
Understand The Blockchain In Two Minutes
Blockchain’s first mainstream application is the Bitcoin that everyone knows about by now. But Bitcoin’s invention has also introduced us to new blockchain-based technologies that have the potential to change the world for the better. This quick video explains all the applications of the blockchain that people can get and goes over the blockchain features.
New Kids On The Blockchain
This video is from Lorne Lantz, who is a blockchain and Bitcoin educator. Lantz describes how Bitcoin’s blockchain works and why it matters for the world at large. The video also goes into detail about blockchain’s real-world applications.
The video outlines how the problem of banking can be solved if banks were to implement blockchain technology and save a huge amount of money for themselves and its end users. It also outlines how the blockchain can help verify the authenticity of one’s medication and even the shoes you wear.
This video goes back in time to trace the history and origin of the internet as well as the global financial crisis. This also coincides with the origin of the blockchain.The word coincidence was used purposely as nobody knows whether the Bitcoin’s whitepaper by Satoshi Nakamoto was a great-timed move or if it was just a simple coincidence after the crisis.
How The Blockchain Will Transform The Economy
This video details the blockchain and how it will exchange value for the world. It also describes the decentralized economy that it will create over the next few years, as well as the upcoming fall of the centralized banking institution.
Blockchain, Massively Simplified
The presenter in this video takes us to the early days of the Internet when it was slow and ineffective but then fast-forwards us to the present day of the internet. Also, the blockchain that we know now will be totally different, and that it will get even better as time goes on.