You’ve probably heard of blockchain, but what exactly is it? In simple terms, blockchain is a digital ledger that records transactions securely and transparently.
Key features of blockchain:
Decentralized – No central authority controls it.
Immutable – Once recorded, data cannot be changed.
Secure – Uses cryptography to protect transactions.
Transparent – Anyone can verify the records.
Blockchain technology powers cryptocurrencies like Bitcoin and Ethereum, but it’s also used in finance, healthcare, and supply chains. Understanding blockchain can help you navigate the future of digital transactions!