What Is Blockchain?

Technology continues to evolve at neck-breaking speed, introducing concepts that may be foreign to many. One of the concepts you may have heard about is blockchain or distributed ledger technology (DLT). It has vast implications in different sectors, including healthcare, finance, and procurement. You may have even heard the term when playing at A1 gaming sites like Slotoro Casino Online, especially when choosing payment methods. To explain DLT briefly, it is believed that it transforms how people store, share, and verify data. Let’s learn more about this type of technology, including how it works and other fundamentals of this impressive technology.

How to Define Blockchain?

Blockchain, in simple terms, can be defined as a decentralized digital ledger that records transactions across a network of computers. It is nothing like the popular traditional ledgers because they are centralized and generally controlled by one entity. DLT is quite the opposite because it

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