In blockchain, or in addition to footnotes other than bitcoins, if I'm having trouble sending and understanding bitcoins to anyone, I, anyone, once via cell phone, anywhere in the world, I have a I can initiate a transaction, the requested digital transaction, the transaction is then broadcast on all 1000 nodes 10 networks that are verifying the system. So there is no central confirmation where a central power manages whether you will be careful in sending these funds, well,
if the bank says, you can't send to this place, we can't send. For this modest 24 hours. You know, we have to claim who the newcomers are, we agree with you on all sorts of things that happen. There is a centrality that controls what is happening. Well, it allows for ease of use of close trade and lets it happen easily. Then it verifies the transaction using the network algorithm, pleasant. And after each of these transactions are merged, you know, then sub-transactions to create a block of data, so it is stored, and later that side data is a transparent and non-transparent. Modified is a subsidiary of Blockchain. There is nothing that you can do to help your child. So for those of you who bought Bitcoin Reduction in 2013, you can let go of the publicly led ledger and see where this transaction has taken place. Becomes verifiable. And then the transaction is settled. So, you know, with the exception of simplicity, we're going to add applications to this area in just a minute. But a neat application is that it provides financial access to everyone more than the world, there are legally billions of people who do not have access to the banking system worldwide. In Dhalwan, the organization is revolutionary for hard-spoken people around the world to manage the payment of the right to enter a financial instrument. We were here at a conference a few weeks ago, and one of the speakers mentioned that they especially tolerate Bitcoin, which is more of a human sympathy for the world than any of the late accumulated human endeavors. Will feel more in the style of
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