Blockchain is a technology that enables moving digital coins or assets from one individual to another individual .
But most importantly…
Blockchains are Distributed, Write Once Read Only Networked Database Systems.
Blockchains is known as a Decentralized Distributed Ledger, because same data is present across all the nodes and there is no single point of failure.
High security, great accountability, block of sequential transacitons
No Intermediaries, banks, payment gateways
Decentralized ledger sysstem and consensus mechanism
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