adminBlockchain
Blockchain is a technology that securely stores data and distributes it as a public database. Through this technology, information is stored in blocks known as ‘blocks’, which are grouped using cryptographic techniques. After each block, a new block is added Which is cryptographically linked with the preceding block. This means that changes made to any block become permanently directed across the entire blockchain network, making the blockchain ‘inflexible’.
Key features of blockchain include:
Security:
Blockchain makes data highly secure by cryptographically protecting the data.
Autonomy:
The blockchain network operates on its own and has no single controller, giving it autonomy and self-control.
Transparency: The complete history of all transactions is publicly available, thereby maintaining transparency.
Highly interdependent: Blockchain does not require a single data structure, allowing it to be used in a variety of fields.
Blockchain is used in cryptocurrencies, transactions, health care, government grants, logistics, and other fields. This technology helps keep data secure, make transactions reliable, and facilitate communication.