We often go into depth about technology, management, and other business-oriented topics, and occasionally we decide to talk about a technology that may not be all that familiar to people with the hope that a short primer on the subject will ultimately help our readers to become curious and do their own research to understand the technology better. With Bitcoin being a trending topic in the news, understanding what a blockchain is will help you understand how this technology will drive data security in the coming years.
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Bitcoin, a cryptocurrency used for anonymity on the web, was once the hottest thing on the cyber market. Everyone thought it was a great innovation that allowed for improved online privacy for transactions. Thanks to some rather complicated matters, though, Bitcoin took a nosedive and has needed some time to get back on its feet. Now, it seems people are finally using Bitcoin again, and in a never before seen quantity.