Blockchain technology enables individuals to securely send things of value to one another over the Internet, without the need for a third party intermediary.
This enables a new type of Internet application where individuals around the world interact with one another directly. The units of exchange in these interactions are mathematically scarce in app tokens called blockchain assets or cryptocurrencies. Bitcoin was the first example of this type of application and thousands of others have been created since. These decentralized applications will form Internet 3.0, the decentralized Internet.