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This is What Happens When the Blockchain is Used For Good

Recently, Crypto NYC, which describes themselves as a “community, coworking space, and studio based in downtown Brooklyn” presented an event with Democracy Earth: Blockchain for Good. Members of the Crypto NYC community have extensive knowledge on blockchain, but they want to use their knowledge to foster and enhance humanity and society.

Blockchain, in its simplest form, is an electronic ledger that stores information across personal computers, so anyone with an Internet connection can access it. It records every transaction on a public, transparent ledger, and it is a decentralized database, which makes it extremely difficult to hack.

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