Blockchain News

Demystifying Blockchain: A Primer in Five Lines

Blockchain is a decentralized ledger technology that enables secure and transparent peer-to-peer transactions across a network of computers.

Each block in the blockchain contains a cryptographic hash of the previous block, creating an immutable chain of data blocks.Blockchain technology has applications beyond cryptocurrencies, including supply chain management, voting systems, and digital identity verification.By removing the need for intermediaries and offering a tamper-proof record of transactions, blockchain enhances transparency, efficiency, and trust in various industries.As blockchain continues to evolve, its potential to revolutionize traditional systems and empower individuals with greater control over their data remains at the forefront of technological innovation.