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Crypto Revolt only started to learn concerning "blockchain" as a result of of Bitcoin, its roots - and applications - go a lot of deeper than that.
Blockchain is a technology unto itself. It powers Bitcoin, and is actually the explanation why *thus several* new ICO's have flooded the market - creating an "ICO" is ridiculously straightforward (no barriers to entry).
The purpose of the system is to form a decentralized database - which basically suggests that that rather than relying on the likes of "Google" or "Microsoft" to store knowledge, a network of computers (usually operated by individual people) are able to act in the identical means as a larger company.
To perceive the implications of this (and so where the technology might take business) - you would like to look at how the system works on a fundamental level.
Created in 2008 (1 year before Bitcoin), it is an open source software answer. This suggests that its source code will be downloaded edited by anyone. However, it must be noted that the central "repository" will solely be changed by explicit individuals (thus the "development" of the code is not a free for all essentially).

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