The Blockchain is coming !!!
So, what is this blockchain and how will it change my life? Westwood Blockchain is set up specifically to answer all questions that this new space poses. In the meantime, here's a little primer. Before we get into any details of those questions, let's clear the air on what's currently happening. There has been a lot of buzz on the news recently about Bitcoin, Ethereum and other cryptocurrencies, some of it good and unfortunately, a lot of it is not so good. There are many scammer and hackers out there in the World that would love nothing more to do than to separate you from your hard earned money, but thankfully, the technology is improving and these instances of scamming and hacking is getting more difficuly to achieve for the criminal. In the world of cryptocurrency, it is still the wild west out there and you can view Westwood Blockchain as your local sheriff.
Ok, Blockchain is a method to communicate to a network of computers that all form a sort of orb around the World, there is no central point to this network and each computer on this network knows and shares all the information as is being created. Every ten minutes on average, a new block of information is compiled, verified and finally chained onto this network. It is a decentralized, distributed network that stores information about cryptocurrency transactions that, once verified, become part of the collective knowledge and transactions history on this network, if you want to learn more, stay tuned and enjoy the show.
Friends, we are now at the dawn of a new era in computer technology, it's called the blockchain. At Westood Blockchain, we are here to answer all the questions, in lay man's terms, on what this technology is all about and how it will impact peoples lives. Many refer it to as Bitcoin but that's not entirely accurate, Bitcoin is both a currency and a technology. Bitcoin and all other cryptocurrencies, carry out their transactions on blockchain networks of which there are many and the number is increasing every day. To learn more, please view our Westwood Blockchain TV show where our main focus is to inform and enlighten people on the technology and terminology of this game changing blockchain revolution, Internet V3 so as to speak. We also provide services and information on Bitcoin and other cryptocurrencies to help people to set up their own private, safe and secure crypto accounts. In essence, we establish peoples financial sovereignty in the crypro world.