“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” - Don & Alex Tapscott, authors Blockchain Revolution (2016)

Essentially, blockchain is a decentralized technology. It is a shared, immutable ledger that lets us record the history of transactions. By establishing trust, accountability and transparency, it transforms the way we carry out transactions and can be adapted to virtually any contract, deed or payment. Whereas cryptocurrencies are basically just digital money, digital tools of exchange that use cryptography and the blockchain technology to facilitate secure and anonymous transactions.