Developed since 2008, blockchain is primarily a technology for storing and transmitting information. This technology offers high standards of transparency and security because it operates without a central control body.
More concretely, blockchain allows its users - connected in a network - to share data without intermediaries.
The use of blockchain has many advantages, including
the speed of transactions, as the validation of a block takes only a few seconds to a few minutes.
In the logistics sector, the blockchain has two interests: ensuring product traceability, as well as the memory of the various interventions in a production and distribution chain.
the productivity and efficiency gains generated thanks to the fact that blockchain entrusts the organisation of exchanges to a computer protocol, which mechanically reduces the transaction or centralisation costs existing in traditional systems (financial costs, control or certification costs, recourse to intermediaries who are remunerated for their service; automation of certain services, etc.).
But many sectors are potentially concerned by the use of blockchain technology: banking, insurance, agri-food, energy, health, real estate, aeronautics, etc.
To sum up
it is a technology for storing and transmitting information, taking the form of a database
has the particularity of being shared simultaneously with all its users and does not depend on any central body
has the advantage of being fast and secure
and has a much wider scope of application than crypto-currencies/crypto-assets (insurance, logistics, energy, industry, health, etc.).