This is the first write up in the series of blockchain articles coming up on the name "Think Blockchain"

1. Manoj Pappu
Think Blockchain
February 21, 2019
Essence of Blockchain
Blockchain as a whole is a decentralized ledger maintained on an ever running network of
participating nodes. In parts, it is just a chained set of transactions validated for each block
with the help of consensus among participating nodes
Foundation of blockchain architecture is a conglomeration of cryptography and P2P concepts.
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2. In this new era of digitization, every meaningful record becomes a digital asset. However the
digital asset is vulnerable to misuse, loss, distortion and piracy. Blockchain helps address
these vulnerabilities with its cryptographic DNA.
Blockchain has a number of characteristics
📕 Blockchain is a database but a decentralized copy
📗 Blockchain is a data structure
📓 Blockchain is a network
📘 Blockchain is irreversible
📙 Blockchain is the provenance of the digital asset
📔 Blockchain is a trustful solution in a trust-less environment
Digital assets can be put on blockchain for provenance and security. Be it a professional
profile, or a digital copy of a song, or a vehicle maintenance history, or a patients medical
record
So think of blockchain for every digital asset you create or maintain.
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The biggest
opportunity set we
can think of over
next decade
- Bob Grifeld