What Is Blockchain Technology?

What Is Blockchain Technology? - A General Overview

[{"selector":"#anim-84664224-1fa4-4773-b571-0f8d2589faf5","keyframes":{"opacity":[0,1]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-240510d0-3593-41e6-8da6-d4a97a6fa732","keyframes":{"transform":["translate3d(-109.53757%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn More Arrow

[{"selector":"#anim-1dd751a7-9a83-41b2-9293-7a209d07c7ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b81ce82b-3a90-46f8-b5ff-0222d85997ac","keyframes":{"transform":["translate3d(-103.0303%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Blockchain is a database, but it is decentralized at the same time. This means there is no single authority that runs this technology. Learn More Arrow

[{"selector":"#anim-b2d383de-2a12-4c9d-afc9-c38204a3e054","keyframes":{"opacity":[0,1]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb7816bb-ca85-4b03-8f0d-6281756fea63","keyframes":{"transform":["translate3d(-123.04965%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Here, data is distributed at the public ledger. Hence, there is full transparency of transactions. Learn More Arrow

[{"selector":"#anim-9add354d-4dce-4c72-8441-802ef20258ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0610663a-c9cc-4007-a2d5-60b6995f4d76","keyframes":{"transform":["translate3d(-108.8957%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Since the database is decentralized, there is higher security. Hence, transactions are also more secure than traditional investment options. Learn More Arrow

[{"selector":"#anim-4c6d5639-e1a4-4061-9267-c370e6402b6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4150d7c-223c-40ee-8b3f-69f624c757db","keyframes":{"transform":["translate3d(-108.8957%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] With proper implementation, blockchain technology will also help a lot in cross-border money transfers. Learn more