If you have heard of Bitcoin or any of the other cryptocurrencies, then you have probably heard the word blockchain or the term “blockchain technology”. But what is it? How does it apply to digital currencies? Does it have other uses? How does it work? Please, let me explain! The biggest global business problem is trust. When two parties want to do business, the top question is, can one trust the other? As a result of this trust issue every country has institutions and laws which govern how business is done. Banking and financial regulation laws; consumer rights and consumer courts; contract law and arbitration; all these things exist to generate trust and to punish those who break that trust. See also: What is virtual memory? – Gary explains Virtual is a word we hear a lot these days, there is virtual reality, virtual currency and virtual machines. But before all of those there was virtual memory. It is a technology that you find … When thinking about money specifically, financ...