Sikta RoyKnowledge Contributor
How does blockchain technology work, and what are its applications beyond cryptocurrency, such as in supply chain management, healthcare, and voting systems?
How does blockchain technology work, and what are its applications beyond cryptocurrency, such as in supply chain management, healthcare, and voting systems?
Blockchain is a decentralized, distributed ledger technology that enables secure, transparent, and tamper-proof record-keeping of transactions or data across a network of computers. Its applications extend beyond cryptocurrency to various industries and sectors, including supply chain traceability, medical record management, and verifiable voting systems, where its cryptographic properties ensure data integrity, transparency, and trustworthiness, facilitating efficient and trustworthy decentralized systems.