Blockchain
Blockchain is a decentralized digital ledger technology that records and verifies transactions across multiple computers, known as nodes, in a network. It operates on the principles of transparency, immutability, and security. In a blockchain, each transaction is grouped into a block, and each block is linked to the previous one, forming a chain of blocks. This chain of blocks is continuously updated and maintained by the network of nodes through a consensus mechanism, which ensures that all participants agree on the validity of the transactions. The decentralized nature of blockchain eliminates the need for a central authority, such as a bank or government, to verify and validate transactions. Instead, it relies on cryptographic algorithms to secure the data and prevent tampering or unauthorized access. Blockchain technology has the potential to revolutionize various industries, including finance, supply chain, healthcare, and more. It enables secure and transparent peer-to-peer tran