What is Blockchain technology?

Although today's crypto is known for money transfers, Blockchain ensures that any information, documents and data are sent and saved at any time, securely and cost-effectively, away from third parties.

When we look at this, the possibilities are limitless. There are tremendous potential for inland blockchain technology within companies themselves, government tax and title registration systems, all kinds of commodity trading, international agreements, imports and exports, donations made by non-profit organizations and much more.

Another important step in terms of blockchain technology is the "Smart Contracts" we often hear about with Ethereum. With smart contracts, the parties sign a contract on the blockchain with a digital signature and the transaction takes place when the terms of the contract are met. If the parties do not comply with this contract, the interests of the other party are protected by the blockchain.
For example, a clever contract can be made over a blockchain for a purchased apartment, and the land/estate ownerships can be transferred in a very short time. Transaction security is provided on both sides of the transaction so that it can be published and verified on the whole network. If one of the parties abandons, the transaction is automatically canceled and the buyer's money is returned by the blockchain. We can use the same example for any kind of domestic or international shopping