Category: Technology

Blockchain technology is a new innovation that consists of a series of blocks linked together. A blockchain is a decentralized or digital ledger that is used to record the data of financial and non-financial transactions. A distributed database stores the exact and permanent data. Anyone who connects to the network can see the transactions because the full record is completely visible. Fundamentally, Blockchain technology is a mix of 3 technologies: private key cryptography, peer-to-peer networks, and software. https://www.datatrained.com/post/blockchain-technology/