What is the PA Blockchain Coalition?
The PA Blockchain Coalition (PBC) is a nonprofit organization comprised of blockchain allies, users, and providers in a variety of industries working together to create a wider acceptance of this important technology.
What does the PBC do ?
The PBC advocates for, sponsors, and organizes outreach efforts for blockchain policy in the Commonwealth of Pennsylvania and beyond.
What is blockchain technology?
The term "blockchain technology" typically refers to the transparent, trustless, publicly accessible ledger that allows us to securely transfer the ownership of units of value using public-key encryption and proof of work methods.
What does a Blockchain do?
A blockchain can execute a variety of functions beyond transaction settlement, such as smart contracts. Smart contracts are digital agreements that are embedded in code and that can have limitless formats and conditions.
Is Blockchain only Bitcoin ?
Nope, the potential for blockchain technology is not limited to bitcoin. As such, it has gained a lot of attention in a variety of industries including financial services, charities and nonprofits, the arts, and e-commerce.
Why should I support it?
Blockchain is a better, safer way to record the activity and keep data fresh while maintaining a record of its history. The data can't be corrupted by anyone or accidentally deleted, and you benefit from both a historical trail of data, plus an instantly up-to-date record.
