Here's a great explanation of what the blockchain is from the person tasked with explaining it to the world

Posted On: Feb 13, 2018   |   Posted By: Business Insider

Business Insider's Sara Silverstein spoke with Jamie Smith, CEO of the Global Blockchain Business Council, at the World Economic Forum in Davos, Switzerland. Smith is also the co-chair of the WEF's blockchain council. Following is a transcript of the video.
Sara Silverstein: So tell me what is the purpose of the Global Blockchain Business Council?
Jamie Smith: So the Global Blockchain Business Council is designed to specifically educate regulators on behalf of business so that they can understand what blockchain technology is and why they should care.
Silverstein: So if your job is explaining blockchain technology to people, I'm sure you have a very good quick explanation. Can you give us your primer?
Smith: Yeah, so I think that - when I think of what blockchain technology is, it's a way for us to transact between each other and move assets around the world in a much more secure manner. Right now, you really can't do it in an easy smooth way. And blockchain technology enables that. And the reason that that...

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