To put it in the simplest terms, a blockchain is an online ledge that runs anonymously and it uses data structure in order to make transactions simpler. The Blockchain will also make it possible for people to make use of the ledger safely without needing any third party assistance.
The best thing about blockchain technology is that it allows the users identities to remain completely safe and that means that it will keep transactions very secure. Many are predicting that it will shake the entire financial system and rebuild it.
Nice post upvoted and followed. Feel free to check my posts.
Not a bad definition but it fits some blockchains better than others. I like to think of it like this: once you've been around your block a few times then you're ready to transact with the dude who lives on the other block who's standing across the street on the corner.