What is Blockchain?
Decentralized Ledger: Instead of being stored in one central place (like a bank’s server), the blockchain is maintained by a network of computers (nodes) that each hold a copy of the ledger.
Immutable Records: Data is stored in "blocks," and once a block is filled with information (like transactions), it’s locked and linked to the previous block, forming a chronological chain.
Transparency and Security: Anyone on a public blockchain can view the transactions, and the use of cryptography ensures data integrity and authenticity.
No Middleman: It enables peer-to-peer transactions without intermediaries, reducing costs and increasing efficiency.
