Skip to Content

What is Blockchain Technology?

What is Blockchain Technology?

Submitted by • May 29, 2020

Blockchain is a type of Distributed Ledger Technology. By using fragmentation and cryptographic hashing, we make the history of digital assets unchanged and crystal-clear.
Let’s understand blockchain technology by taking the example of Google document. We create a document and share it in a group. The sent document is not a copied document but the original document distributed. This forms a decentralized distribution chain which gives access to document at the same time to all. All the modifications are made in real-time thus it provides transparency of data.

Voted by:
Voted by TechVivek1407

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>