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ARTICLE · 08 MARCH 2018

Getting Down To The Basics About Blockchain Technology

Max Ganado interviewed by Helena Grech, journalist at The Malta Independent on the basics of Blockchain technology. Article published in The Malta Independent, 6 March 2018

MaltaTechnology

Max Ganado interviewed by Helena Grech, journalist at The Malta Independent on the basics of Blockchain technology. Article published in The Malta Independent, 6 March 2018

Malta is attempting to grab the bull by the horns by setting up a legal framework under which the technology can operate.

Senior Partner at Ganado Advocates, Max Ganado, has serendipitously been involved in several areas which coincidentally deal in overriding principles which underpin Blockchain technology.

Blockchain technology is essentially a ledger of information, which can be used to carry out transactions. Data and assets are recorded on the Blockchain itself and are not recorded by one single user. To be clear, the information stored on the Distributed Ledger Technology (DLT) such as Blockchain, is not stored on one person's computer, for example, but uses a system of 'nodes'. These nodes contain all the information stored on the Blockchain, meaning if one person's computer goes

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