Dmytro Shabanov
BA291
4/15/18
Blockchain in the 21st Century
Information is becoming the blood of the world, people use it for self-improvement and
entertainment in their everyday lives, businesses use it to become more efficient, understand more
information about their target customer, and to become more secure with their data. However it is
becoming increasingly hard to control, manage, and use that information quickly, thoroughly, and
securely. That is where the implementation of blockchain shines. Blockchain allows us to have a
decentralized ledger that can record and verify anything, from transactions to basic human activities. This
is a huge step for the human race as not one entity controls it, but thousands of groups of people around
the world do, and they all have access to it. The beauty is that no entries can be modified after they have
been made, only corrections can be added on top of the chain to show the changes. Blockchain will