What does Blockchain mean?
A blockchain is an electronic ledger made up of blocks (containing groups of transactions or data) which are appended sequentially.
The primary economic value of a blockchain is to provide a dependable data set that is acceptable to all parties who wish to coordinate on some, but not all, dimensions with each other and do not wish to trust a third party.
A blockchain is a data structure ordinally and recursively linked to create an order of transactions or other information by block.
A properly specified blockchain is a way to provide an automated record of transactions or data with neutral, rigorous attestations, such that the records may be referred to ex post for 1) the purpose of economic coordination and 2) determining the existence (or lack of) evidence or documentation.
Making Life Easier:
From the simplest payment system to the most complicated smart contract, a properly specified blockchain provides easy, low cost confirmation that a) conditions have been satisfied and agreements should proceed or, alternatively, b) conditions have not been satisfied, automatic transactions should not be executed, and/or next steps should be reconsidered.
Used in a Sentence:
The more certain all parties can be that the underlying blockchain technology produces an official record that has not and will not be manipulated or censored at any time, the more economic value a blockchain can bring.
Read what Geeq has to say about Blockchain...
The following articles are written by the Geeq team to share and inform about the industry we are passionate about.
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Kieran, Lun, and John met to share progress on our Testing Framework v0.1 before its release next month.
Eoin is a copywriter, proofreader and editor with over a decade of experience.
German's expertise in developing and guiding strategic marketing plans will be invaluable in 2021, a year in which we will launch our main-net, secure further commercial partnerships and drive adoption of the platform.
Welcome to Geeq's level playing field.
Hello Geeqs! We have made a great deal of progress on the core infrastructure of the GEEQ blockchain. Please enjoy our latest technical update.
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Happy New Year, Geeqs! Let’s start the year off with an entry level explainer of the encryption underlying public and private keys. Knowledge is power.
Marcos is a world reknowned blockchain advocate, with a background in finance and law. Using his experience in finance as well as the crypto and blockchain space, Marcos brings unique insights into regulatory compliance and international finance. He also has supported many early-stage companies to achieve their goals and add value for their investors.
Geeq is delighted to announce Marcos Benitez Rubianes has joined the Team as an Advisor. Marcos brings to Geeq a remarkable mix of experience, long-term perspective, and energy that excites us all. Welcome, Marcos!