Definition Blockchain is a decentralized digital ledger meticulously designed to safeguard records across a web of computers. It is transparent, immutable, and engineered to resist tampering. Each block houses data, and these blocks are securely linked in a chronological chain, ensuring that tampering is almost impossible.
What is Blockchain Technology? Think of a blockchain as a distributed database or ledger that is shared across a network of computers. Initially catapulted to fame due to its role in cryptocurrencies like Bitcoin, blockchain’s applications stretch far beyond just digital currency.