I have been contemplating the best way to explain exactly what Blockchain technology is, and I think I finally found the best explanation or analogy:
The Blockchain can be seen as a Computer Spreadsheet with each cell or block being password-protected.
I have created a Microsoft Excel Spreadsheet to illustrate this further and you can see it below.
https://1drv.ms/x/s!As32ynv0LoaIh6BKW5W2HtZhnSu9TQ?e=pFXI9C
MES Note: I have included the link to the Excel sheet in case you want to add to it or modify it with your own explanation!
Essentially, the automated interconnected calculations means that decentralization is possible since all that is required of the user is simple ownership of the cells or blocks, or whole groups of cells or blocks, through obtaining the password to each cell or groups of cells. The password, and hence blocks, can be sold on exchanges or directly thus acting as a virtual real estate market. And the public address of each cell is simply the cell location. The different Spreadsheets or pages represent each blockchain (and the ones I have included are some of the ones I am investing in ;)).
Let me know what you think about this way of explaining blockchain technology!