E104 Part 1 - META-PURSE: Blockchain, Cryptos, and NFTs with Bennett Collen
Description
WE ARE NOW LIVING IN THE ERA OF DIGITAL TRANSFORMATION
Welcome to another episode, and today we have Bennett Collen, CEO of Endstate who has been an active principal in the blockchain space for several years. Bennett will be joining Randy to discuss what a lot of people think is the future, which they all get crazy about… Blockchain, Cryptocurrencies, and NFTs. Learn how each is defined and how they are interrelated in this latest episode of Tech Sales Insights.
INSIGHTS OF THE DAY
BENNETT: DEFINITION OF A BLOCKCHAIN
“A blockchain is just a form of a database that is typically a distributed ledger that has multiple participants who are all contributing to the consensus, or really how new entries get added to the ledger.”
BENNETT: THE BLOCKCHAIN AND CRYPTOCURRENCY RELATIONSHIP
“Crypto when people use it as a shorthand for Cryptocurrency is a subset of blockchain, so blockchain is the enabling technology that allows cryptocurrencies to function in this permissionless and distributed way.”
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