Blockchain is a system of recording information in a way that makes it difficult or impossible to
change, hack, or cheat the system.
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed
across the entire network of computer systems on the blockchain. Each block in the chain
contains a number of transactions, and every time a new transaction occurs on the blockchain,
a record of that transaction is added to every participant’s ledger. The decentralized database
managed by multiple participants is known as Distributed Ledger Technology (DLT).
Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic
signature called a hash.
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