What is Blockchain Technology (transformative technologies of the 21st century)
Blockchain Technology (transformative technologies of the 21st century) Blockchain technology has emerged as one of the most transformative technologies of the 21st century. It is a distributed ledger technology that allows for secure, transparent, and tamper-proof transactions without the need for intermediaries. The technology has already found applications in various fields, including finance, healthcare, and logistics, and its potential to revolutionize various industries is enormous. In this blog, we will explore what blockchain technology is, how it works, and its potential applications. What is Blockchain Technology? Blockchain technology is a decentralized digital ledger that allows for secure, transparent, and tamper-proof transactions. In simple terms, it is a database of transactions that are shared among a network of computers, and each transaction is recorded in a block that is linked to the previous block, forming a chain of blocks. Once a block is added to the chai...