What is a blockchain, and what does it do?

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary.

What can only be achieved with blockchain?

The solution is to have one digital identity associated with a person. It can be achieved with the help of blockchain where a person has only one identity in the whole network. There are many benefits of using digital identity, including no need to carry documents.

What is blockchain technology, and how does it work?

How does blockchain technology work? Blockchain is a distributed, peer-to-peer transaction ledger. It is not owned or managed by a single central entity; rather, it is owned and governed by the individuals who use the network. The blockchain network leverages the nodes in the network to authenticate transactions.

What the Heck is a blockchain?

What the Heck is a Blockchain? A blockchain is a list of digital records, called blocks, that are linked using digital computer . cryptography . Each of these block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree).