Blockchain In 1 Minute | What Is Blockchain | Blockchain Explained |How Blockchain Works|Simplilearn

Imagine that you can make transactions with anyone without carrying cash or plastic money and without anyone interfering, such as third-party applications or banks, it sounds like a nice dream, well, it is not

blockchain

, it is a revolutionary technology that has changed the way how the transactions it aims to provide work. a secure mode of transactions by using digital cryptocurrencies that cannot be manipulated by anyone with ulterior motives

blockchain

is a set of blocks that record transaction information such as who made the transactions and to whom the amount of trade in the form of a ledger digital that is distributed throughout the network, which makes it safer and impossible to change, hack or deceive the system, then it is verified and validated by each node of the blockchain network to continue with the process of carrying out transactions in cryptocurrencies such as bitcoin ethereum and many more.

Use this blockchain network for transactions as it helps you keep track of them as new cryptocurrencies appear almost every day in the cryptocurrency market capitalization and more and more people are willing to participate in this cryptocurrency revolution. blockchain economy. revolutionize the world's economy and technology in the near future and, as Fred Sram, co-founder of Coinbase, said, one day everything will be tokenized and connected through a blockchain.