introduction to blockchain
Understand the Problem
The question is asking for an overview or basic understanding of blockchain technology. This includes its definition, mechanism of operation, benefits, and potential applications.
Answer
Blockchain is a distributed, immutable ledger technology enhancing transparency and security in recording transactions.
Blockchain is a distributed, immutable ledger for recording transactions and tracking assets across a network, primarily enabling transparency and preventing unauthorized alterations.
Answer for screen readers
Blockchain is a distributed, immutable ledger for recording transactions and tracking assets across a network, primarily enabling transparency and preventing unauthorized alterations.
More Information
Blockchain is widely used for cryptocurrencies like Bitcoin, enabling secure and decentralized financial transactions. Its application extends beyond finance to areas like supply chain management and healthcare.
Sources
- What Is Blockchain? - IBM - ibm.com
- What is Blockchain? - Blockchain Technology Explained - AWS - aws.amazon.com
- Blockchain Facts: What Is It, How It Works, and How It Can Be Used - investopedia.com
