Blockchain is an open-source distributed database using state-of-the-art cryptography through a distributed ledger that enables trust among disparate individuals or third parties. Blockchain transforms the way transactions happen in the Internet age. A blockchain block is immutable, the information and details of the data contained on the blockchain are virtually impossible to change. The impact on every segment of industry and services verticals is hard to calculate.
IEEE Blockchain Initiative
The IEEE Future Directions Committee, represented by the societies of the IEEE, has approved the formation of the IEEE Blockchain Initiative (BLK) effective January 1, 2018. The BLK will be the hub for all IEEE Blockchain projects and activities. The BLK encompasses a comprehensive set of projects and activities supported by the following core subcommittees: Pre/Standards, Education, Conferences and Events, Community Development and Outreach, Publications, and Special Projects.
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