From Biophilic Internet

An Explanation of Blockchain For Non-Technical People

https://medium.com/@mona/so-what-is-this-blockchain-vcs-are-excited-about-anyway-b7a008feb8d1

Blockchain is much more than currency (Bitcoin, Ethereum, and other alt-coins).
Technologists are excited for the possibilities that instead of a middleman โ€” in any industry from bankers, to real estate agents, suppliers and distributors โ€” individuals and merchants who supply a product or service can directly deal with their customers looking to purchase the product or service offered. This is what is called a P2P (peer-to-peer) network. Decentralized is another term often used but it basically means micro-transactions are not regulated by those we have come to acknowledge as trusted parties to legitimize these exchanges of assets.