The technology known as “blockchain” represents a completely novel approach to the documentation of data that is stored on the internet. Blockchain is a public ledger that records information that is gathered through a network that is built on top of the internet. Because of the way information is recorded, blockchain has the potential to revolutionize many different industries.

In addition to this, it is an essential component of crypto-currencies, and if it were not for it, cryptocurrencies like Bitcoin would not even be a possibility. The application of blockchain technology has the potential to bring about revolutionary change in a wide variety of spheres, including the medical industry and the financial sector.

Blockchain technology is quickly gaining traction and being used in many different ways.