Blockchain

Blockchain

Future Tech Definition: Blockchain is a decentralized and distributed digital ledger technology that records transactions across multiple computers or nodes. Each transaction is stored in a “block” that is linked to previous blocks, creating an unalterable and transparent chain of data. Blockchain technology provides a secure and immutable platform for recording and verifying transactions without the need for intermediaries. It has applications in areas like cryptocurrency, supply chain management, smart contracts, and data integrity, enhancing transparency, trust, and efficiency in various industries.