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Suppose we have a document that needs collaboration. O team would dra it and then send it across to the other t The team member would need to make changes on the document and send it across for review or conrmation This means that the document is locked to the user who at the moment because changes are being made by the o the changes are not visible to him unless he receives a co This is exactly how databases work today – two persons record can’t edit it at the same time. It is unlocked for on the other. This is also how banks make transfers and ma balances. Now imagine there are thousands of such documents th collaboration across members of a team in an organizati mess in terms of losing track of versions, not maintainin The technology likely to have the greatest impact o decades has arrived. And it’s not social media. It’s n not robotics. It’s not even AI. You’ll be surprised to underlying technology of digital currencies like Bi the blockchain. —Don Tapscott “ Sure you want to miss it? 11/9/2017 Blockchain for Beginners - The Complete Dummies Guide | Indian Technology Blog http://indiantechnologyblog.com/blockchain-what-is-for-beginners 4/16 How about a network where all these documents can be transferring it back and forth. The network is so designe regularly update the documents. Well, we do not need a transfer documents but this was an analogy to understan blockchain does.
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