Introduction to Blockchain Technology

Blockchain, at its core, is a decentralized digital ledger that records transactions in a transparent and immutable manner. This technology creates a chain of blocks, each containing a set of data, which is verified and linked to the previous block. By distributing and validating information across multiple nodes, blockchain ensures transparency, security, and eliminates the need for intermediaries in transactions.

What is the difference between blockchain and cryptocurrency?

Cryptocurrency is a digital form of currency that relies on blockchain technology for its issuance and secure transactions. Blockchain, on the other hand, is the underlying technology that enables the recording, verification, and transparency of transactions.