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Here’s a great explanation of what the blockchain is from the person tasked with explaining it to the world

Jamie Smith, CEO of the Global Blockchain Business Council, talks about blockchain's development, potential applications, and biggest challenges.

Business Insider's Sara Silverstein spoke with Jamie Smith, CEO of the Global Blockchain Business Council, at the World Economic Forum in Davos, Switzerland. Smith is also the co-chair of the WEF's blockchain council. Following is a transcript of the video.

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Sara Silverstein:

Jamie Smith:

Silverstein:

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Smith:

Silverstein:

Smith:

Silverstein:

Smith:

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Silverstein:

Smith:

Silverstein:

Smith:

Silverstein:

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Smith:

Silverstein:

Smith:

Silverstein:

Smith:

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Silverstein:

Smith:

Silverstein: G

Smith: Y

Silverstein:

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Smith:

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