In this series we take an aricle or a book and explain a thought arising from “The Good Read”. Following a number of enquiries on the volatility of Bitcoin pricing this year, our team have been pressed on explaining cryptocurrencies and Blockchain. During this time, I came across “Occams Razor”- this is a problem solving and philosophical principle. It is based on situations where there are competing thoughts or methods; and concludes that the one that makes the fewest assumptions is the simplest and generally the best choice.

This prompted me to ask our IT expert, Faustino Garcia, to spell out -in the simplest terms possible: what exactly is Blockchain? His well executed response is captured in “The Magnificent 7: Understanding Blockchain” containing responses to the 7 most frequently asked questions.