Technology

Blockchain

Blockchain Technology is one of the popular and interesting topic. Google will show you 244 Millions result in few sec about blockchain. Let's simply learn what is Blockchain technology?
List of records  called "Block" are linked with cryptography. Each block contains record (Hash/Data) of previous block. Blockchain was invented by a person (or group of people) using the name Satoshi nakamoto (first described by group of researchers in 1991)  in 2008 to serve as the public transaction ledger of the Cryptocurrency Bitcoin.


Blockchain can be consider as most trustworthy technology which doesn't have any central authority, lets say it is transparent system. It is incorruptible, immutable and online distribution system which can store information. It is a peer-to-peer network so you don't have middle man in this system. Why to pay third party for any actions?  Blockchain Technology is faster, efficient and secure, which saves time, money and  reduce risk.