Imagine we are having coffee together and you say “Okay. Be real with me.” What is this blockchain I’ve been hearing about? Why does Everfi even care about it? Spoiler alert! Blockchain is cooler than you think, and Everfi wants to help everyone understand what it is all about.
What is Blockchain? Imagine it as a mega secure notebook
Imagine you’re attending a potluck. (Yay for food!) Imagine a large group and someone keeps a huge notebook with all the food that people brought. allows everyone to have a copy of the notebook. Everyone would be able to tell if someone tried to sneak in, and wrote, “I brought awesome cookies” when they didn’t. Our notebooks don’t match.”
This is essentially blockchain in action. This is a super-secure, giant record of information that every on the network can view and agree upon. There’s no way for anything shady to sneak in, and everyone is on the same page.
What is the name? The name comes from the way that this information is stored in “blocks” which are connected in a chain. Ta-da! Blockchain.
Why should you care?
This is the fun part. Blockchain is not just a nerdy term for Bitcoin or gamers. It can solve real problems in unexpected ways.
1. Your Data is Safe in a Digital Fort Knox
Have you ever had your personal information stolen? Have you ever been worried about entering credit card information online? Oh, that’s not much fun. Blockchain ensures that your data is extremely secure. The fancy programming that powers it basically locks up everything and distributes it over the entire network, so no single person or hacker is able to mess with it.
Imagine putting your most valuable files into a vault, and surround it with a swarm of a thousand guards. This thing is incredibly safe.
2. Keeps everyone honest
Have you ever purchased something online, and wondered if what was advertised is really true? Do those shoes come from the brand you love, or are they knockoffs of that brand?
All the details about a product or a transaction are recorded on blockchain. You can always verify the digital receipts. Transparency builds trust. Blockchain can confirm donations or trace coffee beans to their source.
3. Cuts through the “Middleman Madness”.
How annoying is it to wait forever for something so simple? What about waiting to approve a loan or sending money to your friend overseas? The blockchain can eliminate all the middlemen, such as banks, brokers and third parties.
Here’s an interesting example. You and your buyer agree on the price for an old bike. Blockchain can do it faster and more securely than PayPal or banks.
What is Everfi talking about?
Here’s where it gets exciting. Everfi’s mission is to help people (like yourself and me) understand stuff that can actually benefit us. The team decided to explain blockchain in a way which makes sense, as they saw it becoming a major force around the globe. This big, technical thing is shrunk down to make it understandable for everyone.
This is for YOU
You might be trying to understand what cryptocurrency is or you may just want to find out the reason people are always talking about it. Everfi breaks it down into easy-to-understand steps, just like a friend explaining it over snacks. You’ll go from being a “blockchain novice” to being “ready to know.”
A Game-Changer For Businesses
Imagine that you are running a company and you suddenly discover a tool that will save you money, time and stress. Everfi provides the tools for companies to access this knowledge without having to learn confusing tech-speak.
Why does this matter?
The thing is. From online payments to grocery items, blockchain will continue to be used everywhere. Even governments, schools, and businesses are beginning to use this technology. It’s almost like unlocking the secret superpower of a superhero once you understand how it works. You don’t need to be a technology wizard, you only need to understand the basics.
Everfi, what’s your take? Everfi is the coach who cheers you on, gives you the playbook and makes sure you are ready to score.
The Bottom Line
The blockchain doesn’t need to be confusing or scary. This is a simple way to make your business more reliable, secure and easier. With Everfi you can learn to code even if your preference is for cozy coffee chats rather than marathon coding sessions.
Who knows? You could end up explaining blockchain to your friends at the next hangout. “Oh, I have this.” It’s like an extremely secure group notebook …”
