Blockchain Explained (In 120 Seconds)

Last week we offered the ultimate beginner's guide to WTF Blockchain is. However, for those with even shorter attention spans – squirrel – WIRED magazine has managed to explain why there is such fervor surrounding the blockchains in under two minutes.

Saving the planetfixing healthcarereplacing conventional currency – there is apparently nothing that the shared-database technology known as blockchains can’t fix. At least, that’s the impression given by the horde of governmentsbanks, entrepreneurs, and tech companies working on the technology.

But what is a blockchain and why the excitement? If you’ve got 2 minutes, WIRED can explain…

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