Since the inception of cryptocurrency, it has become a dominant investment choice, especially among the younger generation. The crypto revolution started with the desire to do away with third-party financial institutions; the innovation that made this possible was blockchain technology cryptocurrency.
What Is Blockchain Technology?
Blockchain is a digital ledger/database of transactions that cannot be changed once registered. As a transaction occurs, its data is copied to every computer on the blockchain network.
What does this achieve?
Consider that your teacher marked your copy, but you somehow change the F to an A on your sheet. However, the teacher has already got a record of it in her notebook and her computer. So, even if you change the grade on your copy, the system still knows the actual score. You can try mischievously accessing her workstation and notebook as well. But the teacher might get so paranoid that she is now registering all the scores on everyone’s copy. So, now she has hundreds of copies of your grades. That is her using blockchain on paper.
