Why was the blockchain created?
Carrying out any type of transaction without going through an intermediary? This is possible thanks to the blockchain.
Conceptualized in 2008 by Satoshi Nakamoto, the first blockchain was implemented in 2009 as the main component of bitcoin. Its primary use was therefore to exchange bitcoins between people.
Virtually anything of value can be tracked and exchanged on a blockchain network, reducing risk and cost for all parties involved.