What is Blockchain?

Blockchain is a decentralized digital ledger that records transactions across many computers. This technology ensures that the recorded transactions cannot be altered retroactively, providing security and transparency.

How Does Blockchain Work?

Each block in the chain contains a number of transactions. When a new transaction occurs, it is added to a block. Once the block is filled, it is added to the chain in a linear, chronological order.

Applications of Blockchain

Blockchain technology is used in various sectors, including finance, supply chain, and healthcare. Its ability to provide secure and transparent transactions makes it a valuable tool for many industries.