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Ep. 003 What is Crypto and Why is Blockchain Technology So Important?
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What is crypto? What is the blockchain? What's a smart contract? What's an NFT? Why does any of this matter to me? These are all questions we address in this episode of the Crypto Takeover Podcast.
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These days technology is adopted at a breakneck speed and blockchain is taking the stage by storm. Ever wished you could pull up the entire history of an item or something you're purchasing prior to paying for it? Blockchain solves this. Ever wished you could cut out the "middle man" in a transaction you're completing without the worry of "am I getting scammed?" Blockchain solves this.
Blockchain technology creates a trustless environment where multiple parties can transact, data and content can be verified, and the transaction can be stored chronogically without the ability of ever being altered, and the transaction is 100% open source public information. Sounds like something every industry could benefit from, right? This is why blockchain, smart contracts and NFTs are so important. And this is why we're going to break them down for you and give you some real life use cases any of us can apply.
Put on your listening ears, and let's talk crypto!
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Disclaimer: We are not financial advisors. No information spoken, displayed, portrayed, or inferred within or from this broadcast should be considered financial advice. This is for educational purposes only.
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