What is blockchain technology ?
About Course
Blockchain technology is a decentralized, public digital ledger that stores data in blocks that are linked together to form a chain. The blocks are spread across multiple computers called nodes, which monitor and maintain the ledger in real-time. The chain is immutable, meaning that data cannot be deleted or modified without consensus from the network. This makes blockchain a secure system that protects against tampering, fraud, and cybercrime.
Blockchain technology can be used to track and trade many things of value, including:
- Tangible assets like houses, cars, cash, and land
- Intangible assets like intellectual property, patents, copyrights, and branding
- Orders
- Payments
- Accounts
- Production
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