Understanding Blockchain Technology Blockchain Definition and Basic Concept Blockchain technology is a digital system that enables the maintenance of records that are secure, transparent, and tamper-resistant. At its most canada whatsapp number list basic, a blockchain is a type of database that stores data in a block structure that is linked together in a chronological chain.

Unlike traditional databases, which allow data to be amended or deleted, blockchain ensures that once data is recorded in a block, it cannot be modified without affecting all subsequent blocks, which requires agreement from the majority of the network. Immutability is a key feature of blockchain that enhances its trust and security. How Blockchain Works The blockchain runs on a peer-to-peer network, with each member, called a node, maintaining a copy of the entire ledger.