In the internet of things, we’re all connected, all the time, to everything. It’s where the world is moving—your home, your car, your phone, your work. It’s like you can make a virtual copy of yourself to do things that would have required your physical presence even just a few years ago.

That change is moving to money, too, and the way businesses record and transfer it. There’s a revolutionary technology that’s serving as the foundation, too. Called blockchain technology, this structure serves as the basis for cryptocurrency systems such as Bitcoin. The idea is that users have a virtual or digital ledger that’s unchangeable and without a single point of failure. It cuts out the middlemen and eliminates human touch points, too. It’s a way of doing businesses that promise speed but has some stumbles in terms of privacy.

What does blockchain technology mean for you? Use this graphic to find out.