What happens when you send a bitcoin?

In the previous article we talked about traditional money transactions and the databases they are stored in. We also talked about the bitcoin blockchain—the place where bitcoin transactions data is stored. Every system or company maintains and records data in a ledger. They sell a service or a product to pay the bills. It is the database and how they maintain it that makes the company valuable in an era where Data is the new oil economy. An economy where the major market capitalized companies are all technology companies.