Blockchain: Knowledge

This overview summarizes the key aspects of blockchain technology. The blockchain is a decentralized, digital database that securely and immutably stores transactions. It forms the foundation for numerous applications, from cryptocurrencies like Bitcoin to complex decentralized applications (dApps).

At its core, blockchain enables transparent and tamper-proof recording of data. Transactions are stored in blocks that are chronologically linked, increasing traceability and security. It is used in a variety of industries, such as finance, logistics, healthcare, or supply chains.

A key difference from conventional databases is that the blockchain is decentralized. Instead of being managed by a central authority, it is operated by a network of computers, creating trust in the technology itself rather than in a single institution.

Blockchain offers many advantages: it provides transparency since all transactions are publicly viewable, and it ensures security through cryptographic methods. It also enables automation via smart contracts, which can automatically execute predefined processes once certain conditions are met.

Particularly in the world of Decentralized Finance (DeFi), blockchain has taken on a key role. It provides the basis for innovative financial products and simplifies access to global markets without intermediaries.

Below you will find an overview of the most important topics concerning blockchain technology:


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