Lexicon

Blockchain

// noun

EN A bunch of very (very) smart people found a way to make transactions over the Internet secure and information trusted. Sounds boring, but it’s not. With this new technology people can interact directly with each other and the need for a regulative institution disappears. You won't even need a digital one like Airbnb. This technology is called Blockchain. Blockchain is basically a database with a decentralised verification system of all the transactions you make. It’s like a ledger, where everything you want to register can be written down safely in inerasable ink. This could be anything from a transaction of money to classified or vital information about your identity or persona and of course legal documents like a rental contract, your will, etc. So if there is a way to transfer all this information in a secure way, why use the power-horny, slow and unreliable giants? No reason! Let’s stop doing that, okay? Thanks. We are going to be able to cut out the middleman, the ‘trusted’ party and interact in a secure way with each other. Compare it to what e-mails did to the postal service.


NL Een aantal heel (heel) intelligente mensen heeft een manier gevonden om transacties via het internet te beveiligen en informatie resoluut betrouwbaar te maken. Klinkt misschien niet geweldig boeiend of sexy maar dat is het wel! Met deze nieuwe technologie kunnen mensen direct op elkaar reageren en valt de behoefte aan een regulerende instantie gewoon weg. Zelfs geen digitale, zoals Airbnb.

Die technologie heet Blockchain. Blockchain is in essentie een databank met een gedecentraliseerd verificatiesysteem met daarin al jouw transacties. Zie het gerust als een soort grootboek, waarin al wat je wilt registreren veilig in onuitwisbare inkt neergeschreven kan worden. Dat kan over alles gaan van een geldtransactie tot cruciaal vertrouwelijke informatie over je identiteit, en natuurlijk juridische documenten als je huurcontract, je testament, etc. Als er een manier is om al die informatie op een beveiligde manier over te dragen, waarom reken je dan nog op machtsgeile, logge, onbetrouwbare giganten? Slaat nergens op. We gaan de gebruikelijke tussenpersoon volledig buitenspel kunnen zetten en in alle veiligheid met elkaar (en elkaars middelen) kunnen omgaan zonder dat we elkaar persoonlijk moeten kennen. Dat is nu nog eens disruptie ! Vergelijkbaar met wat de opkomst van e-mail met de post heeft gedaan.




What's with this lexicon?

Digital transformation, Artificial intelligence, Robots takings our jobs, ... my GOD what a scary time we live in! Right? No, not really. We live in a very exciting time of endless possibilities, of genius new answers to questions we haven’t even been able to formulate... Some people just want to make good money by starting a fire and then being hired to put it out. We don’t like that at Bagaar. No apocalyptic vibes for us, we’re too zen for that.

The intelligence game will be won by those who know how to ask & answer questions critically.

Technology is evolving at a crazy pace, absolutely, and sometimes it might be a bit mindblowing, but don’t worry, humans are still the writers of this story, we decide how it goes. At Bagaar we help our clients every day to gear up for any technological challenge they may be up to, we have a very big toolbox of digital answers to their problems and are very happy to help them in writing their own story. This time we wanted to do something not only for our clients but for everyone, our moms, the guy at the busstop, politicians, journalists, whoever may be helped with a little free knowledge.

Core message here: Trojan: Nice for the greeks, not for you.

So, we wrote this lexicon in the assumption that if people would have more information, and a bit of guidance, they wouldn’t have to feel so helpless when hearing about Digital transformation, MVP’s, Frontend, AWS, Trojans, UX, UI, ... (Que?) We assembled all the buzzwords we use on a daily basis and tried to give a down to earth, simple explanation for each of them. Take it with you, read through it when you’re waiting on a train or getting your nails done and next time somebody starts a fire, you just blow it out yourself (or if it’s too big call Bagaar).

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