Blockchain Technology

Credit: Inc.Magazine

A blockchain is a system that shares information with all parties that access it via an application. A blockchain is a distributed, immutable, and decentralized ledger at its core consisting of a block of blocks containing a set of data. The first decentralized blockchain was invented by Satoshi Nakamoto in 2008

There are 4 different types of blockchain technology.

1. Public Blockchains

2. Private Blockchains

3. Hybrid Blockchains

4. And Consortium Blockchains

Credit: VISIOTT

There are some blockchain key features.

 1. Immutability

2. Decentralized

3. Enhanced Security

4. Distributed Ledgers

5. Consensus Algorithms and etc.,