AMANKnowledge Contributor
What is blockchain technology and what are its potential applications beyond cryptocurrencies?
What is blockchain technology and what are its potential applications beyond cryptocurrencies?
Blockchain is a decentralized digital ledger that records transactions across multiple computers in a way that ensures the security and transparency of data. Beyond cryptocurrencies, blockchain applications include supply chain management (for tracking goods), smart contracts (self-executing contracts with coded terms), and voting systems (ensuring secure and transparent elections).