What is Blockchain? Explained Simply | EP02 | Let's Decrypt | Exploring Insanity | Crypto India
Channel: Exploring Insanity - Vlogs | Travel, Ideas & Life
Date: 14/10/2021

Here I explain what is blockchain technology simply, using an example of a travel trip to Gokarna!

At its core, blockchain is a distributed digital ledger or an online khata book that stores data of any kind. In blockchain technology, many identical copies of your data are created and stored on multiple computers across the network. Now, once this data has been recorded on the blockchain it becomes immutable, meaning it cannot be edited, hacked or corrupted. To learn how this is done, you will need to stay tuned for the next part of the series, as that is going to be a bit technical.


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00:00 Intro
00:11 Why blockchain? Explained with Travel example
02:26 Benefits of Blockchain Summary
04:06 What is blockchain?

Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown
https://www.youtube.com/watch?v=k53LUZxUF50


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About Omkar Adate aka Exploring Insanity
Omkar Adate is a believer, an explorer & a self-learner. Born & raised in 'the City of Dreams—Mumbai'. True to its culture, he upholds the #hustler spirit of the city. Over the past eight years, he has explored at least 20 odd jobs, some of which included selling notes, taking tuitions, manufacturing hoodies, leading treks, camping, corporate off-sites & cycling events. He has done fellowship in the development sector, volunteered in the sustainable tourism & livelihood space, worked as a content creator, done video editing & graphic designing, managed social media accounts, made blogs & e-commerce websites. At some point in time he was also preparing for being a CA. Nowadays, he is full-time crypto-trading & bootstrapping a Social Enterprise connecting his passion for Travel & “Generating Sustainable Dignified Livelihood Opportunities” by utilizing the power of Blockchain Technology & Digital Media.

In order to get out of the clutches of constrained resources & the modern rat race, he made some insane choices & took calculated as well as uncalculated risks, while gathering rich experiences & insights, along the way. With an aim to learn & develop a wholesome mindset & to lead a self-sustained & meaningful life.

In his own words…

I feel fortunate to receive a lot from society directly & indirectly, in terms of learning & life. With a view to contribute back in my own small way, I am building this channel, talking about a thing closer to my heart — Entrepreneurship & my interest at the current phase of my life — Crypto & the Blockchain Technology.

In this channel, you find stories from the past journeys of people like you & how they have evolved, capturing their formative years & their adventures. Along with this, you will get authentic, unbiased & researched information on the world of crypto. You will be able to learn about & understand this disruptive technology of the future.

Join the journey…

Credits:
Graphics: https://bit.ly/MadeWithCanva, & Anon
Concept & Editing — Omkar Adate

**Views expressed in the video are personal, not financial advice & not meant to cause harm to anyone in any form.**

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