A blockchain is in the simplest of terms a time-stamped series of an immutable record of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data is secured and bound to each other using cryptographic principles (chain). The blockchain technology is a simple yet …
Blockchain can be thought of as an overarching concept that includes many different technologies and applications. Blockchain is a digitized decentralized ledger to allow record keeping of all peer-peer transactions without the need for a centralized authority. The blockchain concept can be compared to the Internet which similarly has a variety of underlying technologies and …