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Category report. Sales, Receipts, and Dues (Bikri, Receipt, and Rin) This section shows your organization's sales, receipts, and dues for different time periods. Share this:What is Blockchain Technology? , How does blockchain work? By Nitish Verma December 21, 2023 What is Blockchain Technology? , How does blockchain work? 1 Despite hearing about Blockchain Technology, many people do not understand it completely. Blockchain should not be limited to just technical people. Its understanding is important for everyone. So let us understand in simple words, what is Blockchain Technology? , How does blockchain work?


Also read: Where to buy cryptocurrency in India? Table of Contents What is Blockchain? Examples of Blockchain Technology What is the main difference between Bitcoin and Blockchain? How does blockchain work? Why can't blockchain be hacked? Future of Denmark Phone Number Data Blockchain i n India What is Blockchain? Blockchain is a type of digital ledger in which transaction information is stored securely in 'blocks'. These blocks remain connected to each other. There is no central authority in this. Blockchain is a type of distributed network on which transactions are verified and recorded with the help of all users. In this, once a transaction is made, it becomes very difficult to change it.




In this way blockchain provides protection from fraud and counterfeit activity. Blockchain is being used in digital currency, smart contracts, supply chain tracking etc. Its use will increase further in future. use of blockchain To record transactions in digital currencies such as Bitcoin In supply chain management – ​​to track where a product came from In smart contracts – such as real estate contracts Examples of Blockchain Technology Blockchain can be thought of as an online spreadsheet that is shared across computers around the world. Information about every transaction on this spreadsheet is added to a new line.