An emerging technology that represents a new and more  developed form of trust, Blockchain is   an essential element of the way individuals and businesses interact. It  also has the potential to fuel the next major economic expansion. 
Blockchain  is a distributed ledger that lets digital assets be transacted in real  time—within a rules-based  architecture—meaning no single entity controls the asset. A practical  knowledge of Blockchain is therefore essential for organizations, and managers  at all levels must gain familiarity with its concepts and applications.