Blockchain Technologies

Blockchain technologies enable the secure and immutable recording of information. It is often used to track and verify transactions without requiring a central authority, such as a bank or government.

A blockchain works like a shared digital ledger, where each data block is linked to the one before it. Once information is added to the chain, it becomes nearly impossible to alter without changing every block that comes after. This makes blockchain useful for building trust in digital environments. It has become the foundation for digital currencies like Bitcoin but is also expanding into many areas of business, government, and IT systems.

Blockchain Technology Simply Explained – 14 mins