Blockchain
A blockchain is a chain of blocks & A block is data stored in a memory. Data about anything, every block connected to all blocks in Blockchain & The last block has all information about every block from started first to the last one.
We can easily understand Blockchain like suppose there is a dairy it has Ten pages & every page has written different information like the first page has the name of fruits, the second one has the name of books plus the name of fruits, & the third one has written the name of foods, books, & fruits and this so on the tenth page has all information first to ten pages.
Benefits of Blockchain
- No loss of data
- Data can't change
- Cryptocurrency
- Contracts
- Unhackable
- Decentralized
Future use of Blockchain
- Property signed by smart contract using Blockchain
- Any product bill saved in the Blockchain
- Security borrowed using smart contract by Blockchain.
- School receipt signed using the smart contract.
- Nationality "is registered on Blockchain.
- The voting by using a smart contract to the Leader
- Credit score available using smart contract
Thank you. for reading the article future will base on Blockchain Technology in every sector.
Have a nice day.
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