What is Blockchain Technology?

W
What is blockchain technology? is perhaps the most buzzing question in tech right now. A blockchain as the name suggests is a chain of blocks. Each block contains some information; a blockhain can store complete information about a financial transaction, a contract or a medical record. Important property of blockchain is that the data stored in it cannot be modified, backdated or tempered by any means. You can think of blockchain as a real-life notary. This technology is the backbone of cryptocurrencies such as Bitcoin. But its usage is not limited to cryptocurrencies and it is rapidly growing in other areas. How does it work? Each block in the blockchain stores three things: Data Has
Subscribe or log in to read the rest of this content.

About the author

Devji Chhanga

I teach computer science at university of Kutch since 2011, Kutch is the western most district of India. At iDevji, I share tech stories that excite me. You will love reading the blog if you too believe in the disruptive power of technology. Some stories are purely technical while others can involve empathetical approach to problem solving using technology.

5 Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Devji Chhanga

I teach computer science at university of Kutch since 2011, Kutch is the western most district of India. At iDevji, I share tech stories that excite me. You will love reading the blog if you too believe in the disruptive power of technology. Some stories are purely technical while others can involve empathetical approach to problem solving using technology.

Get in touch

Quickly communicate covalent niche markets for maintainable sources. Collaboratively harness resource sucking experiences whereas cost effective meta-services.