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4# - What is Blockchain and why is it cool

Updated: May 13

Cardano Explained Without Jargon & Within 199 words

Imgae created by freepik —

A blockchain enables the transfer of value; just like a bank does. But a blockchain does it better in many ways:

  1. Coverage: A bank will not work if that other person does not have a bank account OR their bank's system is not integrated with yours. That alone excludes about 50% of the planet! A blockchain like Cardano allows you to send funds to anybody on this planet, even if they don't have a governmental identity!

  2. Speed: