A business network is a way of thinking that allows us to look at all these activities and describe it in a very simple language. And, because we're trying to formulate the world in a language that makes sense to a blockchain, and since blockchain is a simple technology, we expect the vocabulary of that language to be simple. In the next section, you'll see that it is!

But before we dive in, let's ask ourselves why we want to create a language that a blockchain can understand? Well, if we can, then we can bring all the benefits of the blockchain to the world described by that language. And, we can summarize these benefits neatly—increased trust.

Increased trust means that the student can show their high school certificates to their college, who can be confident about the veracity of the qualifications. It means that the bank can provide a loan to its customer at the lowest rates because it can be confident about the financial well-being of its client. It means that the component manufacturer can charge a higher price for their output because their customers in turn can be sure of the quality of the raw materials, knowing their provenance. And finally, the the buyer of the used car can be confident about their purchase because they can prove that it previously only had one, careful, owner!