课程: Starting Your Career as a Financial Analyst

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What is blockchain?

What is blockchain?

- [Interviewer] Yeah, and you mentioned blockchain. So give me your 30 seconds on what is the blockchain for anyone that has heard it, but doesn't really know, 'cause I feel like we all hear a lot of these terms, AI and whatever, but what is it really, and how do you think about blockchain here? And is it even useful to know this kind of thing in finance? - [Respondent] Yeah, definitely. So I would say that it's useful to know a little bit of it, for sure. But you don't need to be an expert on the technology in order to even use it. Just for example, blockchain powers up cryptocurrencies, and the technology behind them, but then in order to invest in it, then you just don't go and buy a (indistinct). So you don't actually need to understand blockchain technology. Now in terms of the technology itself, I always say that it's like its name suggests, different blocks that work together in a chain that make decisions.…

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