What is the Blockchain?
Most of the world of cryptocurrency technology such as Bitcoin relies on the form of databases with the advantage of being able to track large and safe transaction volumes. The technology used by many digital currencies is Blockchain.
Blockchain was FIrst implemented in 2009, and was revolutionized with Blockchain 2.0 in 2014. The Blockchain technology consists of blocks that hold transactions, where each block is interconnected through cryptography, thus forming a network.
Blockchain also has the potential to be used outside the scope of digital currencies, and attracts many traditional Financial institutions to be adopted.