The public is invited to a three-day summit on blockchain technology in Blacksburg -- beginning this weekend. It’s a chance to get aquainted with a new way of doing business, that could add not only a new dimension, but increased security to the financial transactions. Spots are still available, but it’s filling up fast.

Virginia Tech

Virginia Tech is holding a ‘blockchain boot camp’ this weekend. It’s a chance for students to learn more about what some call he most potentially transformative technology of the future.

(AP Photo/Koji Sasahara)

Most people have heard about blockchain technology.

It's the basis for cryptocurrencies. It came on the scene a decade ago, when the great recession, demonstrated the dangers that lurk in the financial world.

The blockchain promises a new kind of transparency and security for transactions of all kinds.  Some say it might revolutionize not only the financial world, but society as well.

(AP Photo/Koji Sasahara)

Blockchain technology could become the next great communications platform. It promises to provide both transparency and security to transactions of all kinds. And Blacksburg, Virginia is poised to become a center for its development.