The Benefits of Blockchain

Blockchain is a computer networking technology that creates a complete, immutable record of transactions that have been made and shares it in real time among all participants in a network. Satoshi Nakamoto first used the term blockchain in a 2008 paper that described the concept of blocks of encrypted data linked through a networked chain and created the cryptocurrency called Bitcoin as the first use of the concept the following year. Since then, much work has been done on blockchain technology,…