What Blockchain Has to Do With Your Email Address

What Blockchain Has to Do With Your Email Address

Blockchain has a reputation problem. For most people, it means cryptocurrency speculation and promises of decentralised everything that rarely deliver. But underneath the hype, blockchain technology solves a genuine problem in a genuinely elegant way.

THE PROBLEM BLOCKCHAIN ACTUALLY SOLVES.

The internet has always had a trust problem. When you register a domain, how do you know the registrar won't revoke it? When you build a business on a URL, how do you know the URL will still be yours in ten years? The answer, in the traditional internet, is: you don't.

"Blockchain doesn't eliminate the need for trust. It eliminates the need to trust any particular institution — because the record is maintained by thousands of computers simultaneously."

WHAT YOU DON'T NEED TO UNDERSTAND.

You do not need to understand blockchain technology to use it. You go to the Queensland Foundation claim page. You choose your address. You pay once — from $5 — by card. The blockchain takes care of the rest. You don't need to understand the former to benefit from the latter.