radhikagarg@radhikagarg
Member of AnswersMode community.
What is blockchain technology?
Blockchain technology is a decentralized digital system that records data and transactions securely across a network of computers. Instead of storing information in one central database, the data is stored in multiple blocks that are connected together in a chain.Each block contains verified information, and once it is added to the chain, it becomes very difficult to change or delete, making the system transparent and secure. Because the network is decentralized, no single authority controls the data.Blockchain technology is widely used in Web3, decentralized applications, digital identity systems, and blockchain domains, helping create a more open and trust-based internet where users have greater control over their digital assets and information. Also See:https://endlessdomains.io/