Talari JagadeeshKnowledge Contributor
How does blockchain technology work and what are its applications beyond cryptocurrencies?
How does blockchain technology work and what are its applications beyond cryptocurrencies?
Blockchain technology is a decentralized digital ledger that records transactions across many computers in such a way that the registered transactions cannot be altered retroactively. Beyond cryptocurrencies, blockchain is used in supply chain management for tracking products, in healthcare for secure patient data management, in finance for reducing fraud, and in voting systems for secure and transparent elections.