Blockchain is a decentralized, incorruptible record of transactions used in cryptography. Its name is based on its structure, in which an individual record is called a "block" and linked together called a "chain". It's the technology utilized in Bitcoin and many other applications. Blockchain enables smart contracts (self-enforceable contracts) which are transforming industries like finance, real estate, politics, education, banking, and more.
Looking for world-class cryptocurrency portfolio management tools? Manage your digital wallets across multiple exchanges and trade anytime, anywhere. Sign up for Coinigy Now
Article is closed for comments.