The global blockchain market is growing fast: it is predicted to be worth US$20 billion by 2024 compared to US$ 315.9 million in 2015. But just what is it and how does it work? Here Ren Bader, Manager of Critical Business Applications & Big Data and Thorsten Deckers, Senior IT Security Consultant at NTT Security provide some explanation. The technology enables transactions in a peer-to-peer network to be validated without the need for an intermediary, thus ensuring traceability and transparency.”]
Source: https://informationsecuritybuzz.com/articles/blockchain-work-transactions-without-intermediary/