Weekly Question - How would you describe "Blockchain" in 1 sentence?

in #blockpitch6 years ago (edited)

Sndbox Weekly Question-Sentence.png

Welcome to our Weekly Question Series - every Monday, @sndbox will publish a question designed to challenge and explore new ways of engaging the Steem blockchain.


The #BlockPitch Challenge


This week we're looking for your best blockchain pitch. How would you describe "blockchain" if you had only 1 sentence to explain it? Blockchain is by far the biggest buzzword of 2018, yet, most struggle when it comes to articulating it. If you had a maximum of 280 characters (the length of a Tweet) what key points would you'd like to drive home?

How would you describe Blockchain in 1 sentence?

How to Play

  • Comment below with your 1 sentence pitch. Please only use a maximum of 280 characters. Put your thinking caps on, have fun and be creative :)
  • We'll upvote the comment section!
  • Our team will tweet the best examples via the @sndbox account

Explore Past Challenges

#feedbackchain
#myblock
#antipost
#tagteam
#smartmediafutures
#blockpitch
Utopian Weekly Question.pngSndbox Weekly Question-Sentence.png

The Weekly Question Series, stems from research topics within the Sndbox incubator. This series is made open to the public in an effort to engage all Steemians and explore new forms of collaboration.


Empower artists, writers, musicians, non-profits and community initiatives - delegate Steem Power to @sndbox (using the links below) or follow our curation trail. Learn more about Sndbox - watch our introduction, here.

arrow-01.pngarrow-02.pngarrow-03.pngarrow-04.pngarrow-05.pngarrow-06.pngarrow-07.png
100
250
500
1k
2k
5k
10k

Follow us on Twitter, YouTube, and our magazine The Creative Crypto / @creativecrypto



Posted from my blog with SteemPress : https://sndbox.blog/weekly-question-how-would-you-describe-blockchain-in-1-sentence/

Sort:  

Blockchain is a permanent digital collection of transactions with no central authority that is protected from deletion and tampering by using cryptography, which removes middlemen while allowing friction-less interaction between multiple parties.

Blockchain is a record of all the transaction that has happened within the network with no central authority and brings back the power to the people.

The Blockchain, is presented as an information storage system, anonymous, secure, decentralized and free of forgeries, consisting of a network of computers called nodes.

Blockchain is a method of securely storing information in a publicly-available format.

A Blockchain is what arranges, assembles and accumulates pieces of information that would otherwise have been small, separate and scattered.

@vandigital nailed it for us... To put it simply, we see the Blockchain as a means to an end, that is "Freedom, Independence & Emancipation"

https://steemit.com/blockpitch/@hhtb/freedom-independence-and-emancipation-blockpitch

Blockchain is a secured digital manuscript of every cryptocurrencies transaction that eliminates every third party in a peer to peer network

The blockchain is a storage network of information that allows for the inclusion of a neutral third party to have completely trust-less transactions through the development of contracts.

Blockchain is a decentralized system of storing data and transacting digitally by the public and for the public

Blockchain is the shared record of transactions (or activities) in a decentralized web, implemented usually in place of a centralized storage system (database).

Posted using Partiko Android