TOKEN PLAY EXPLANATION: BLOCKCHAIN
Blockchain definition:
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. The decentralised database managed by multiple participants is known as Distributed Ledger Technology (DLT)
The Future of Blockchain:
Blockchain technology could ultimately be the most important innovation to come out of the cryptocurrency boom. Bitcoin and other cryptocurrencies have become more of a niche area for enthusiasts. However, they remain an important area of growth for companies across a host of industries including finance and healthcare.
