Blockchain for Little Ones
An introductory exploration of blockchain technology for young audiences, explaining its key concepts in a simple and engaging
manner.
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AI Trends: Funding and Research
BILLIONS OF DOLLARS |
​NUMBER OF PAPERS
40,000
30,000
20,000
10,000
0
2017
2018
2019
2020
2021
2022
YEAR
T H E DATA S H O W S A S T E A DY I N C R E A S E I N B OTH AI FUNDING AND RESEARCH PAPERS OVER THE
PA S T 6 YEA R S , I N D I C AT I N G T H E G R O W I N G I MPORTANCE AND INVESTMENT IN ARTIFICI AL
I NT ELLIGEN C E .
*Data from Statista and Google Scholar
Blockchain Cryptocurrency Trends
15,000
VALUE (USD)
12,500
10,000
7,500
5,000
2,500
0
Jan
Feb
Mar
Apr
May
Jun
MONTHS
T H E CH ART S H O W S T H E P R I C E F LU CT UAT I O NS OF M AJOR CRYPTOCURRENCIES OVER A 6 -MONTH
P E R IOD, HIGH L I G HT I N G T H E VO L AT I L E N AT U R E OF THE BLOCKCH AIN-BASED DIGITAL ASSE T M ARKE T.
*Blockchain industry data aggregator, XYZ Crypto Analytics
What is Blockchain?
DIGITAL LEDGER
SH ARED DATABASE
COLL ABORATIVE PUZZLE
Blockchain is a digital record that keeps
track of all transactions and activities.
The blockchain is a shared, decentralized
database that everyone can access and
contribute to.
Blockchain is like a giant puzzle that
everyone works on together, validating
and adding new blocks of information.
I N S UMM ARY, B LO C KC H A I N I S A D I G ITA L , S H ARED LEDGER TH AT ALLOWS FOR SECURE, TRANSPARENT,
A N D DECENT R A L I Z E D R E C O R D - K E E P I N G O F ALL KINDS OF TRANSACTIONS AND ACTIVITIE S.
How it Works
WRITE IT DOWN
Someone performs an action or records
an event, and they write it down in the
shared book or ledger.
VERIFY THE ENTRY
The other participants in the system
review the new entry to ensure it is
accurate and true, checking against
their own records or knowledge.
CONSENSUS REACHED
Once everyone agrees that the new
entry is valid, it is permanently added
to the shared book or ledger.
Keeping it Safe
The shared book is an incredibly secure digital ledger that utilizes
blockchain technology to ensure the integrity of its records. Every
transaction or addition to the ledger must be verified and approved by a
network of participants, effectively creating a million digital 'grown-ups'
watching over the book to prevent any attempts at manipulation or
trickery.
All Done!
DECENTRALIZED NE T WORK
CONSENSUS MECH ANISM
IMMUTABLE RECORDS
TRANSPARENCY
Blockchain is a decentralized
network where computers
(called nodes) work together
to maintain and update a
shared record (the blockchain)
Nodes use a consensus
mechanism, like Proof of Work
or Proof of Stake, to agree on
the next block of transactions
to be added to the blockchain
Once a transaction is recorded
on the blockchain, it cannot
be altered, ensuring the
integrity of the data
The blockchain is transparent,
with all transactions visible to
the network, allowing
everyone to verify the
information
B LO CKCH AIN I S A N I N N OVAT I V E T E C H N O LO GY TH AT ALLOWS COMPUTERS
TO W ORK TO G E T H E R I N A S E C U R E A N D T R A NSPARENT WAY, CREATING A
T R U STED RE C O R D O F I N F O R M AT I O N T H AT E VERYONE CAN ACCESS.