What is Blockchain?
A digital ledger (like a book) that stores data.
Decentralized, meaning no single person controls it.
Works across many computers, ensuring security.
How Does Blockchain Work?
Transactions are recorded and verified.
Data is encrypted and linked together.
Information is stored across many computers.
Changes are updated in real-time.
Key Features
Secure: Data is protected from tampering.
Transparent: All transactions are visible.
Immutable: Data cannot be altered.
Applications
Finance: Secure payments and transactions.
Supply Chain: Tracking goods and inventory.
Healthcare: Secure medical records.
Benefits
Trust and accountability.
Increased efficiency.
Reduced errors.
Our Website
Visit ๐(http://www.skillfloor.com)
Our Blogs (https://skillfloor.com/blog/blockchain-tutorial)
and take the next step in your career today!
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๐ Like this video if you found it beneficial.
๐ฌ Drop a comment below with any queries or topics you would like us to address.
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https://www.instagram.com/skillfloor/
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https://twitter.com/skillfloor
#blockchain #blockchaintechnology #HowBlockchainWorks #Crypto #DigitalLedger #techexplained #futureoffinance #decentralization #smartcontracts #blockchainapplications
A digital ledger (like a book) that stores data.
Decentralized, meaning no single person controls it.
Works across many computers, ensuring security.
How Does Blockchain Work?
Transactions are recorded and verified.
Data is encrypted and linked together.
Information is stored across many computers.
Changes are updated in real-time.
Key Features
Secure: Data is protected from tampering.
Transparent: All transactions are visible.
Immutable: Data cannot be altered.
Applications
Finance: Secure payments and transactions.
Supply Chain: Tracking goods and inventory.
Healthcare: Secure medical records.
Benefits
Trust and accountability.
Increased efficiency.
Reduced errors.
Our Website
Visit ๐(http://www.skillfloor.com)
Our Blogs (https://skillfloor.com/blog/blockchain-tutorial)
and take the next step in your career today!
๐ข Remember to:
๐ Like this video if you found it beneficial.
๐ฌ Drop a comment below with any queries or topics you would like us to address.
๐ Subscribe and click on the bell icon to stay updated with our latest content.
Follow us on social media for more updates:
https://www.instagram.com/skillfloor/
https://www.linkedin.com/company/skillfloor/
https://www.facebook.com/skillfloor/
https://twitter.com/skillfloor
#blockchain #blockchaintechnology #HowBlockchainWorks #Crypto #DigitalLedger #techexplained #futureoffinance #decentralization #smartcontracts #blockchainapplications
Category
๐
Learning