Blockland 2 opens in Cleveland

(Cleveland) - The second Blockland Solutions Conference is being held in Cleveland this week. It runs through Wednesday.

The creator of the conference, entrepreneur and auto dealer Bernie Moreno tells Newsradio WTAM 1100, participants can register online at blocklandsolutions.com, to be at the vanguard of what some believe will be an revolutionary and transformative technology.

Moreno claims even those who don't fully understand blockchain technology, there will be many exciting events to learn from.

The conference being held at the Huntington Convention Center downtown, from today through Wednesday.

A blockchain is accounting software, that creates a growing list of records and called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

Blockchain is said to be very secure because its data is resistant to modification. It is an open, distributed ledger that backers believe can record transactions between two parties efficiently and in a verifiable and permanent way. It is usually managed by a peer-to-peer network.

(Photos by Ken Robinson/WTAM)

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