What is Blockchain Technology? – A 2023 Update
What is the Blockchain?
Blockchain is a distributed digital ledger technology that records and stores data securely in a decentralized network. It allows for secure peer-to-peer data exchange without the need for a central authority. It can be used to securely store digital assets, such as cryptocurrencies, and to store information about transactions that occur between two or more parties. Blockchain is highly secure, tamper-proof, and immutable, making it an ideal technology for secure data storage and transactions.
How does Blockchain Work?
Blockchain is a distributed ledger technology that stores and records digital transactions. It works by creating a digital ledger of transactions that are cryptographically secured and distributed across a network of computers.
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