What Is Block chain Technology?
Block chain is a decentralized, distributed database that maintains a continuously growing list of records called blocks. Each block contains a timestamp and a link to the previous block. Because they are distributed and secured by cryptography, block chains are resistant to modification of the data.
Block-chain are used to store and transmit information, but they can also be used to represent digital assets, such as crypto currency transactions. They can be used for a wide range of applications, such as smart contracts, supply chain management, and voting systems.
Block chain technology’s security and transparency are two of its main benefits.
It is challenging to alter or tamper with the data because transactions are recorded across numerous computers. Since there is no single point of failure, block chains are also immune to attacks and outages due to their dispersed structure.
