Blockchain is a decentralized digital ledger technology that records transactions across a network of computers in a secure and transparent manner.
Each transaction, or “block,” is linked to the previous one, creating a chain. This decentralized structure ensures immutability, transparency, and resistance to tampering.
Blockchain is the underlying technology for cryptocurrencies like Bitcoin, but its applications extend to various industries, facilitating secure and efficient peer-to-peer transactions, smart contracts, and transparent supply chain management.
