Blockchain 101- A Guide for Beginners

By March 12, 2018Articles

Invest in a Drone Company – Non-U.S. Investors

You probably came across “blockchain” for the first time while reading/listening/watching something about bitcoin; the cryptocurrency that has made a lot of buzz in recent times. The blockchain is the basis technology on which bitcoin works.

Originally designed as a tool to record bitcoin transactions (an electronic ledger), blockchain has become a technology that finds its applications in many areas. And, the application areas may or may not relate to finance.

 

So What is Blockchain?

Blockchain is simply a chain of blocks. The blocks are the packs of data in the form of encrypted, movable, non-editable data packets. The data can be read by anyone but no one can change it whatsoever. As the transactions continue, the blocks continue to add up and make a chain of blocks; hence the blockchain.

The most special part of blockchain is the core working principle itself.

For a moment, if we forget bitcoin and just consider the principle by which blockchain tool works, which is creating a noncorruptible trail of data transfers, blockchain can be applied to record the transfer of anything of a certain value.

Hence, blockchain technology can be implemented in any field of work where there is a requirement of secure data sharing; which is basically every field of work.

Blockchain Applications

As mentioned earlier, blockchain is a disruptive technology that finds its applications in almost every field of work. The application areas of blockchain include finance and banking, insurance, organizational processes, government institutions, intellectual property, election process, supply chain management, personal identity, and much more.

Moreover, if combined with other latest technologies such as artificial intelligence, blockchain has the capability to revolutionize the way data is shared, validated, and secured.

For example, Mota Group, a San-Jose California based drone Company, envisions a blockchain of drones where drones collaborate with each other to form a chain, each doing a specific type of task and providing with the relevant data. The data acquired from the drones can be processed and manipulated with the help of artificial intelligence and machine learning to get the desired results in a much improved and efficient manner.

If you’d like to see exactly what we’re is exploring about potentially using blockchain, read our blog post “AI and Blockchain: Vital for the Future of Drones”:  http://bit.ly/2tHcZi3

As far as the application of blockchain technology in today’s world is concerned, the ‘sky is the limit.’

To get more information on Mota and its IPO, non-U.S. investors please click here.

 

The company has filed a Regulation A+ offering statement with the U.S. Securities and Exchange Commission in regards to a sale of its common stock. Our SEC filing can be retrieved from http://go.mota.com/703.

This program is on a first-come, first-served basis and is available only for Non-US Persons who are not in the United States. In order for us to be able to issue the shares to you, you should review the material at http://go.mota.com/708 and certify that:

1) You are not a U.S. citizen or resident (Not a U.S. Person).

2) You first received an offer to participate in the Program and agreed to purchase the drones while outside the United States.

3) You understand that the shares issued under the Program will be non-transferable and non-voting until the later of one year after issuance or the date on which a trading market develops for the company’s common stock on a U.S. securities exchange or in the over-the-counter market in the United States.

4) You further agree to resell the common stock received in the Program only in accordance with the provisions of SEC  Regulation S,  pursuant to registration under the Securities Act, or pursuant to an available exemption from SEC registration; and agree not to engage in hedging transactions with regard to such securities unless in compliance with the Securities Act and other applicable laws.

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