Q & A by Maninder Singh

Question:

QUESTION: What is blockchain technology?

Answer:

Blockchain technology is a distributed ledger technology that records transactions across a network of computers in a secure and transparent manner. Each block in the chain contains a list of transactions, and once added, it cannot be altered. Blockchain is best known for its use in cryptocurrencies like Bitcoin but has applications in various industries, including supply chain management, healthcare, and finance.