Blockchain

Blockchain is a distributed ledger technology that allows multiple parties to share and update information in a secure, transparent, and tamper-resistant way. It consists of a network of computers that collectively maintain a shared database, with each block in the chain containing a cryptographic hash of the previous block, a timestamp, and transaction data. This creates an immutable record of all transactions that have taken place on the network, making it ideal for applications such as cryptocurrency, supply chain management, and digital identity verification.