Blockchain technology is a decentralized digital ledger that securely records transactions across multiple computers in a peer-to-peer network. Known for powering cryptocurrencies like Bitcoin and Ethereum, blockchain is now a trending solution in fintech, cybersecurity, and supply chain management.
This distributed ledger system enhances transparency, boosts data integrity, and eliminates the need for intermediaries, making it a cornerstone of Web3, smart contracts, and decentralized finance (DeFi). Its tamper-proof nature and consensus mechanisms like proof-of-work and proof-of-stake offer trust and security in real-time digital transactions.
Today, blockchain use cases are expanding across industries, from NFTs and tokenization to digital identity and IoT integration. As enterprises adopt this emerging technology, blockchain is revolutionizing the way data is stored, verified, and exchanged on a global scale.