Blockchain
Also known as: Distributed Ledger Technology, DLT, Chain of Blocks, Shared Ledger
Blockchain is a distributed and immutable ledger technology used to securely record transactions across decentralized networks.
Blockchain is a decentralized, digital ledger technology that records transactions across a distributed network of computers. Each transaction is securely stored in blocks that are linked together, making the data immutable and transparent. Commonly used in cryptocurrencies like Bitcoin, blockchain eliminates the need for intermediaries, ensuring trust, accuracy, and security. Beyond crypto, it is transforming industries by providing tamper-proof, verifiable records in areas like supply chain, finance, and healthcare.