Management Information System05 marksBlockchain technology and distributed ledgers
Explain blockchain technology. How does blockchain work?
Explain blockchain technology. How does blockchain work? [5]
Blockchain is a distributed ledger technology that maintains a continuously growing list of records called "blocks." Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. This creates an immutable chain of blocks that is shared across a peer-to-peer ne...