With the rise of digital currency in recent years, its underlying technology, blockchain, has become increasingly popular. Blockchain is a decentralized digital ledger that securely stores records across a network of computers in a way that is transparent, immutable, and resistant to tampering. Blockchain is one of the most disruptive technologies since the Internet was invented. As a disruptive technology, blockchain has become a strategic priority for many businesses. The trust issues with the existing technologies inspired practitioners and governments to focus on alternative options such as blockchain. In this paper, we will go over how blockchain works, what benefits it provides, and some of its potential applications.
blockchain, distributed digital ledger, overview of blockchain
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