About Blockchain
Blockchain is a decentralized digital ledger that securely records transactions across multiple computers. It ensures transparency, reduces intermediaries, and prevents data tampering.
- ✔ Secure Transactions
- ✔ Immutable Records
- ✔ Peer-to-Peer Networking
Why Blockchain Matters
Blockchain transforms industries by improving transparency, efficiency, and security. It powers cryptocurrencies, smart contracts, decentralized apps (DApps), and tokenized assets.
How Blockchain Works
Transactions
Users initiate secure digital transactions validated by the network.
Blocks
Transactions are grouped into blocks for processing and verification.
Consensus
Network nodes agree through consensus mechanisms before adding blocks.
Smart Contracts
Automated agreements that execute when conditions are met, reducing intermediaries.
Distributed Ledger
All validated blocks are recorded across nodes, ensuring transparency and immutability.
Types of Blockchains
Public Blockchain
Open networks like Bitcoin & Ethereum with high decentralization and transparency.
Private Blockchain
Controlled by organizations for privacy, governance, and enterprise solutions.
Consortium
Hybrid networks managed by multiple organizations collaborating together.
Blockchain Use Cases
Digital Payments
Supply Chain
Identity & Security
Healthcare Records
Benefits of Blockchain
- ✔ Transparency and Auditability
- ✔ Reduced Intermediaries
- ✔ Enhanced Security
- ✔ Faster Transactions
- ✔ Traceability & Provenance
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