Blockchain Explained, a Short Primer …. Enjoy your Friday …

How about an interesting Friday word worth notice after the conclusion of regular tax season?

Not to worry, we will keep it brief now, but keep an eye out for more details.

It’s likely you will run into this sooner rather than later. So here we go!

BlockchainBlockchain.svg

Basically in it’s simplest form, Blockchain is a neat way to track all transactions as they occur and keep them moving forward on the instrument traded or event.

  • Stock Market transactions
  • Cash movement and exchanges
  • Investments
  • Loans
  • Horses … ok, maybe a stretch.. but maybe not though?

These are just a few uses.

The graphic to the right is a symbol of the initial transaction (green) and then the tracking of transactions.

It’s a Friday, and we promised a short post. Enjoy your weekend, but expect more on Blockchain from us in the future… so now you know !

Have a great Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

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