
What is Blockchain?
8 mins read
Blockchain is a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Blockchain is literally a chain of blocks – each block has the hash value of the previous block and forms a chain. The data stored in the blocks includes information about a transaction, and the addresses that participate in this transaction. Updating data in a block will change the hash value and will not validate with the hash stored in the next block, and thus making it tamper-proof.