Updated: Mar 4, 2021
A blockchain is a tamper-evident, shared digital ledger that records transactions in a public or private peer-to-peer network. The decentralized peer-to-peer blockchain network prevents any single participant or group of participants from controlling the underlying infrastructure or undermining the entire system (thus no cheating and true trust). Participants in the network are all equal, adhering to the same protocols. They can be individuals, state actors, organizations, or a combination of all these types of participants.
Much like how the "http browser" changed the way the internet was used, blockchain ledgers will change how humans record all "trust" transactions. This innovation promises to be the next big GPT (general purpose technology) that will be used to secure all databases and data in the future.
Shire Advisors is excited to be involved in the development of a blockchain secure voting system know as E-Vote-Verify.com where you can check to see that what you voted is what was recorded in real time.