The blockchain was developed in 2008 by Satoshi Nakamoto, the pseudonym of the inventor of bitcoin. There is still tremendous speculation about the true identify of Satoshi Nakamoto. Nick Szabo, Craig Wright and Dorian Nakamoto are some of the suspected investors. Regardless of who this man or woman really is, Nakamoto is a genius that made blockchain possible.
The blockchain was originally developed to make trading bitcoins secure and efficient. However, many other organizations have started using the blockchain for other purposes.