#TradingStrategyMistakes What is Blockchain?

Blockchain is a digital ledger technology that records transactions in a secure, transparent, and decentralized manner. Unlike traditional databases controlled by a central authority, a blockchain is maintained by a network of computers (called nodes), where each transaction is verified and added to a chain of previous transactions. This makes the data nearly impossible to alter or tamper with.

One of the key features of blockchain is its transparency. Every participant in the network can view the transaction history, ensuring trust and accountability. This is especially useful in sectors like finance, healthcare, and supply chain management, where data integrity and verification are critical.

Blockchain also enables new technologies like cryptocurrencies, smart contracts, and decentralized applications (dApps). As it continues to evolve, blockchain is reshaping how we interact, do business, and manage digital assets—paving the way for a more secure and efficient digital future.