What is Blockchain Technology and How Does It Work

What is Blockchain Technology? Blockchain is often described as the backbone of cryptocurrency, but it is much more than that. At its core, blockchain is a digital ledger that records transactions across a network of computers in a way that is secure, transparent, and nearly impossible to alter. If you think about the traditional banking system, every bank has its own central database. In blockchain, instead of one central database, thousands of copies exist on...