What is Blockchain Technology?

Blockchain Technology is a distributed database that is shared among the nodes of a computer network. Our speaker Neil Sahota will talk to us about the technology. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.

 

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