Blockchain Explained in Plain EnglishAn Uncomplicated Explanation of What Blockchain Can Do and What It Cannot Do

This brief paper explains how the blockchain works. It examines the founding principles of blockchain, describes its properties and dispels common myths about its powers.

It is important to understand precisely what the blockchain was intended to do before attempting to extend the technology to new applications. The first-generation blockchain has limitations outside its original problem domain. Newer re-designed Distributed Ledger Technologies are emerging that are a better fit for expanded business needs.

Get Access to This Premium Content
Already a member? Login to Access
Premium Content

Premium content. Log in to your account here. If you do not have a premium membership login, become a member of the Constellation Executive Network or Research Unlimited account. Please contact to ask about your access options or click the price below to purchase this report individually.