What is blockchain technology?
What is blockchain technology?
Blockchain technology is a decentralized digital ledger system that records transactions across multiple computers in a secure and transparent manner. Each transaction is encrypted and linked to the previous one, creating a chain of blocks that cannot be altered or tampered with, making it ideal for secure transactions like cryptocurrency.
Re: What is blockchain technology?
Blockchain is super interesting! I’ve been reading more about it because of all the buzz around cryptocurrencies, but it seems like it has so many more potential uses beyond that. The fact that it’s decentralized and so hard to tamper with makes it feel like a game-changer for security and transparency. I wonder if we'll start seeing it being used more in other industries, like healthcare or supply chain management. Anyone here invested in crypto or following blockchain tech closely?