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Author Topic: What is Blockchain Technology?  (Read 1519 times)

Offline Crestie C. Tuvilla

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What is Blockchain Technology?
« on: May 25, 2018, 12:30:34 PM »
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.

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What is Blockchain Technology?
« on: May 25, 2018, 12:30:34 PM »

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Offline SnowDawn

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Re: What is Blockchain Technology?
« Reply #1 on: May 27, 2018, 02:55:26 AM »
Blockchain - a distributed database that contains information about all transactions carried out by participants in the system. The information is stored in the form of a "chain of blocks", each of which contains a certain number of transactions.
   

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Re: What is Blockchain Technology?
« Reply #2 on: October 10, 2018, 08:32:58 AM »
Yeah, blockchain technology is very sophisticated because it doesn't need a third party as a registrar. All transactions will be recapitulated automatically like a banking account book.
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