Blockchain: What is it and how does it work? [Beginner’s Guide]

In this video, we explained what Blockchain technology, and how users take advantage of it. We went over the advantages of Blockchain technology as well as how we can invest in it. Mostly, Blockchain technology is based on the principle…

Blockchain: What is it and how does it work? [Beginner's Guide]

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In this video, we explained what Blockchain technology, and how users take advantage of it. We went over the advantages of Blockchain technology as well as how we can invest in it.

Mostly, Blockchain technology is based on the principle of storing data in blocks of transactions. It stores blocks of information that are hashed, or encrypted to provide each block with a unique fingerprint. The information inside these blocks includes transaction data, as well as the location of the block in the chain, which is part of the security measure against data tampering.

Understanding what blockchain technology is can change things for the best. Enjoy the video

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