<aside> <img src="/icons/dependency_gray.svg" alt="/icons/dependency_gray.svg" width="40px" /> A blockchain is a distributed database that maintains a continuously growing list of ordered records, called blocks. These blocks are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

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Public Ledger:

• Secure and anonymous record-keeping system
• Maintains participants’ identities
• Tracks cryptocurrency balances
• Records all genuine transactions in a network

Blockchain Applications:

• Smart Contracts
• Commercial Uses
• Supply Chain Management

Broad Implications of Blockchain:

• Versatility
• Decentralization
• Immutable Ledger
• Digital Evolution