{"id":985,"date":"2019-10-08T10:21:06","date_gmt":"2019-10-08T10:21:06","guid":{"rendered":"https:\/\/affidaty.io\/blog\/?p=985"},"modified":"2020-08-31T14:49:49","modified_gmt":"2020-08-31T14:49:49","slug":"affidatys-blockchain-explained-in-a-minute-of-video","status":"publish","type":"post","link":"https:\/\/affidaty.io\/blog\/en\/2019\/10\/affidatys-blockchain-explained-in-a-minute-of-video\/","title":{"rendered":"Affidaty\u2019s blockchain explained in a minute of video"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The <strong>blockchain<\/strong> concept isn&#8217;t quite easy to process or explain, especially if one doesn&#8217;t interface with declared geeks, crazy investors or if one isn&#8217;t familiar with the base notions (the fundamental ones!) of informatics. <\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/5_video-1.jpg\" alt=\"Affidaty\u2019s blockchain explained in a minute of video \" class=\"wp-image-986 lazyload\"><noscript><img decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/5_video-1.jpg\" alt=\"Affidaty\u2019s blockchain explained in a minute of video \" class=\"wp-image-986\" srcset=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/5_video-1.jpg 600w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/5_video-1-300x200.jpg 300w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/5_video-1-768x512.jpg 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/noscript><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Most of the people know <strong>blockchain<\/strong> only for Bitcoin peaks in the stock market and, consequently, for the jealousy toward those visionaries, billionaires nowadays, that around 2010 believed in a project as visionary as foolish. But limiting the discourse to Bitcoin would be the same as restricting the world wide web to Google&#8217;s search bar, like the whole internet would just consist of Google. <\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Blockchain is something else, much more than that, way beyond that.\n<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As Affidaty Spa, years ago, we believed that this technology would be the squaring of the circle of our business idea. I won&#8217;t tell you the story, you can <a href=\"https:\/\/affidaty.io\/blog\/en\/2019\/07\/the-birth-of-affidaty-a-story-to-tell\/#content\">read it here<\/a>: as told by my close friend and business partner Dane Marciano, I will just tell you that it wasn&#8217;t easy. I&#8217;m going to spoiler you the end of the story, we created a proprietary <strong>blockchain<\/strong> which runs in a distributed and decentralized network, designed by us and handled by third parties. <\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/2_video-1.jpg\" alt=\"Affidaty Blockchain Backstage Video\" class=\"wp-image-987 lazyload\"><noscript><img decoding=\"async\" width=\"600\" height=\"338\" src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/2_video-1.jpg\" alt=\"Affidaty Blockchain Backstage Video\" class=\"wp-image-987\" srcset=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/2_video-1.jpg 600w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/2_video-1-300x169.jpg 300w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/2_video-1-768x432.jpg 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/noscript><\/figure>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">To summarize the reasons behind this choice and to avoid boring you with technical notions, infographics or cute doodles, we decided to create a <strong>video<\/strong>, among other things very fresh. <\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<iframe class=\"lazyload\" data-src=\"https:\/\/www.youtube.com\/embed\/_PLjqYXpms4\" style=\"width:100%\"  height=\"415\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The central theme in the <strong>video<\/strong> is the market need for a technology that cuts down brokerage costs and that allows for value redistribution to all economic actors, carrying out these task with a security standard that only a decentralized system can guarantee. <\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/3_video-1.jpg\" alt=\"Backstage video Affidaty\" class=\"wp-image-988 lazyload\"><noscript><img decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/3_video-1.jpg\" alt=\"Backstage video Affidaty\" class=\"wp-image-988\" srcset=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/3_video-1.jpg 600w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/3_video-1-300x200.jpg 300w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/3_video-1-768x512.jpg 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/noscript><\/figure>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Beautiful!\n<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">However, there is a &#8220;but&#8221;: too expensive, or not aligned with data protection\nnorms or its slowness. These are the reasons why there are so few projects\nthat saw the light, without taking into account the enormous quantity of\nelectricity used by the node network that allows the operativity of such\ntechnology (don&#8217;t tell Greta!).\n<\/p>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/4_video-1.jpg\" alt=\"Backstage video Affidaty\" class=\"wp-image-989 lazyload\"><noscript><img decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/4_video-1.jpg\" alt=\"Backstage video Affidaty\" class=\"wp-image-989\" srcset=\"https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/4_video-1.jpg 600w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/4_video-1-300x200.jpg 300w, https:\/\/affidaty.io\/blog\/wp-content\/uploads\/2019\/10\/4_video-1-768x512.jpg 768w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/noscript><\/figure>\n\n\n\n<div style=\"height:52px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">That&#8217;s why there was the need for a quicker, cheap, sustainable and legal\nsystem and that&#8217;s why we already did it!\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The blockchain concept isn&#8217;t quite easy to process or explain, especially if one doesn&#8217;t interface with declared geeks, crazy investors or if one isn&#8217;t familiar with the base notions (the fundamental ones!) of informatics. Most of the people know blockchain only for Bitcoin peaks in the stock market and, consequently, for the jealousy toward those [&hellip;]<\/p>\n","protected":false},"author":267,"featured_media":966,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override":[{"single_blog_custom":"","sidebar":"","second_sidebar":"","share_position":"","share_float_style":"","post_date_format":"","post_date_format_custom":"","post_reading_time_wpm":"","zoom_button_out_step":"1","zoom_button_in_step":"1","number_popup_post":"1"}],"image_override":[{"single_post_thumbnail_size":"","single_post_gallery_size":""}],"trending_post_position":"","trending_post_label":"","sponsored_post_label":"","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"footnotes":""},"categories":[349],"tags":[792,794,800,170,836],"coauthors":[1176],"class_list":["post-985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-educational-eng","tag-affidaty-en","tag-ai-eng","tag-bitcoin-en","tag-blockchain-en","tag-data-management-eng"],"_links":{"self":[{"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/posts\/985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/users\/267"}],"replies":[{"embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/comments?post=985"}],"version-history":[{"count":0,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/posts\/985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/media\/966"}],"wp:attachment":[{"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/media?parent=985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/categories?post=985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/tags?post=985"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/affidaty.io\/blog\/wp-json\/wp\/v2\/coauthors?post=985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}