Crowdbotics Articles About

Blockchain Technology

What is Blockchain Technology?

Blockchain technology is a method of recording and storing transactions that eliminates the need for a third-party trust service or middleman. Transactions and data storage are handled by a global network of computers using cryptography to ensure security and authenticity. Blockchain has the potential to be much more than just an accounting system, as it can also support applications like smart contracts and decentralized autonomous organizations (DAOs).

Blockchain articles describe the mechanics and benefits of a decentralized distributed network. Topics related to blockchain include cryptocurrency, smart contracts, tokenization, and consensus. Additional articles may focus on industry use cases for distributed ledger technology in education, healthcare, government records management, financial services, supply chain management, or business processes.