What is Blockchain Technology?

Blockchain technology is a distributed ledger technology that enables secure, immutable, and transparent record keeping of digital transactions. It is widely used for digital transactions, such as cryptocurrency exchanges, trading, and payments. It is also used to store data such as medical records, contracts, land records, and more.

Blockchains are secured by cryptography, which makes them difficult to tamper with. The decentralized nature of the technology also allows for faster and more efficient transactions.