Blockchain And Cryptocurrency: Everything You Need To Know – CNET

https://www.cnet.com/news/blockchain-explained-builds-trust-when-you-need-it-most/Here’s everything you need to know about the technology powering the bitcoin cryptocurrency today and, soon, a myriad of services that will change your life.

This is part of “Blockchain Decoded,” a series looking at the impact of blockchain, bitcoin and cryptocurrency on our lives.

These days, we’re having a harder and harder time trusting each other.

Trust is an essential part of ordinary living, whether it’s picking mechanics based on Yelp reviews, sliding credit cards into gas station fuel pumps or heeding our doctor’s advice. But our trust has been eroding for years. In the US, only 33 percent of us felt we could trust our government in 2017 — a decline of 14 percentage points from 2016, according to Edelman’s annual trust barometer study. Trust in businesses dropped from 58 percent to 48 percent, too, while media (fake news!) and social networks also took a hit.

Read full story here: Blockchain And Cryptocurrency: Everything You Need To Know – CNET

 

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