Shameless Plug: A quick read here - https://medium.com/open-factory/to-blockchain-or-not-to-blockchain-3954223fc7b2 https://medium.com/open-factory/to-blockchai

Shameless Plug: A quick read here - https://medium.com/open-factory/to-blockchain-or-not-to-blockchain-3954223fc7b2 https://medium.com/open-factory/to-blockchain-or-not-to-bloc... A quote from the article Blockchain, in basic terms, is a shared ledger and a consensus mechanism to reconcile transactions on the shared ledger. This is the basic structure of all blockchains. In fact, the basic structure of blockchains can also be found in traditional distributed databases. The software industry is blissfully aware of this and some vendors have repackaged traditional distributed databases as blockchains to attract new markets.