(Blockchain Explained in Urdu — For Binance Write to Earn)*
Blockchain is a modern, secure, and transparent digital technology that stores data in a chain format. Each block contains some information, a timestamp, and a reference to the previous block, making it immutable and secure.
🔗 *Key Features:*
1. *Decentralized System:* Blockchain is not under any single authority. All users of the network participate in it.
2. *Security:* Once data is stored in the blockchain, it is nearly impossible to alter.
3. *Transparency:* Every transaction is visible to everyone, but the identity of the user remains secure.
4. *Trust:* The system is automated with minimal human intervention, thus trust is generated automatically.
🪙 *Where is Blockchain used?*
- Cryptocurrencies like Bitcoin, Ethereum
- Smart Contracts
- NFTs and digital assets
- Supply chain, voting, and financial services
Blockchain is not just a part of cryptocurrency but is the technology of the future, helping to make systems around the world more secure and automated.
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