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Blockchain

Blockchain is a decentralized and distributed ledger technology that records transactions across multiple computers in a way that is secure, transparent, and tamper-resistant. Each new transaction, or block, is linked to the previous one, forming a chain. It is widely known for its application in cryptocurrencies like Bitcoin.

Blockchain has a wide range of applications beyond cryptocurrency, such as supply chain management, voting systems, and digital identity verification.

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back to glossary

Blockchain

Blockchain is a decentralized and distributed ledger technology that records transactions across multiple computers in a way that is secure, transparent, and tamper-resistant. Each new transaction, or block, is linked to the previous one, forming a chain. It is widely known for its application in cryptocurrencies like Bitcoin.

Blockchain has a wide range of applications beyond cryptocurrency, such as supply chain management, voting systems, and digital identity verification.

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