BlockChain is a technology which creates a decentralized public records of transactions. These transaction remains secure, anonymous, hassle free and most of all unchangeable. That means, something once recorded on the Blockchain always remains on it.
Example: Whenever a person transact something on Blockchain, a new block creates and the submitted into the already built chain which is recording transactions consistently. If Brain wants to send some money to Dom via blockchain technology, then a transaction record will generate which will be added to the Blockchain network, which can be seen anytime publicly.
The main highlight of blockchain technology is that, it diminishes the presence of Intermediary while conducting a transaction.
Congratulations @steemithm! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP