Blockchain News & Analysis Today

Blockchain is a highly secure data recording system. It maintains its integrity through advanced technologies and relies on a network of computers. Unlike other ledgers, such as those used by banks, blockchain is decentralized. In other words, no single organization controls or manages the system. The decentralization and transparency of blockchain create trust among users. How does blockchain work? An immutable digital ledger stores information, or blocks, in a chain across computers, or nodes. These nodes can quickly verify and confirm new transactions using cryptography, digital signatures, and hash functions before permanently adding them to the block.