Google’s suite of blockchain analysis tools has recently added six new cryptocurrencies. Google data scientist, Allen Day explained, “I’m very interested to quantify what’s happening so that we can see where the real legitimate use cases are for blockchain, so people can acknowledge that and then we can move to the next use case and develop these technologies.”
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A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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