<ul data-eligibleForWebStory="true">Borba, a Backend Engineer, delves into Blockchain technology in a new series.Blockchain emerged in 2008 for trust, transparency, and decentralization amidst a financial crisis.It functions by chaining validated blocks of transactions and is foundational to Web3.Blockchain enables ownership in Web3 and promises Smart Contracts, DeFi, and sovereign identity.Bitcoin's surge to $100k signifies the widespread adoption of Blockchain beyond cryptocurrencies.Future implications include automating processes, decentralized finance, and individual digital identity control.The next post will explore Smart Contracts in-depth in the Blockchain revolution.