Part 2/9:
Blockchain fundamentally relies on cryptographic measures, whereby each transaction is recorded as a block of data that is linked to the previous one. This linking creates a chain of information that is nearly impossible to alter without the consensus of the majority of participants on the network.
Importantly, blockchain is not just about high cryptocurrencies but also extends to applications in various sectors—including supply chain management, voting systems, and more. Such versatility showcases the enormous potential and transformative power of blockchain technology.