“Decoding Blockchain: Beyond Cryptocurrency”

in #blockchain2 months ago

Blockchain is a digital system for recording information in a way that makes it secure, transparent, and difficult to change or hack.

Instead of data being stored in one central place (like a bank or company server), blockchain stores information across a network of computers.

The data is grouped into blocks.

Each block is linked to the previous one, forming a chain.

Once a block is added, it cannot easily be changed, which makes it very trustworthy.

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