What is block chain?
I decided to bring up this exciting field of block chain. What exactly is the meaning of block chain? What is associated with this technology? Which application areas require the knowledge of block chain? All this questions are going to be answered down below.
What is blockchain?
Blockchain is essentially a shared, digital ledger that records transactions and tracks assets in a secure and transparent way. Imagine it like a giant, public spreadsheet that everyone can access and see, but no one can modify the information once it's been recorded.
What is associated with blockchain?
Blockchain is mostly associated with Bitcoin.
This is because it is more secure and the data is mostly authentic, meaning not fake or altered with.
Which application areas require the knowledge of blockchain
1. Finance and banking
2. Healthcare
3. Government and public area
4. IoT etc
Conclusion
Generally blockchain is a valuable field that you should consider.
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