Blockchain Explained: How It Works & Why It Matters 🔗

What is Blockchain?<br />A digital ledger (like a book) that stores data.<br />Decentralized, meaning no single person controls it.<br />Works across many computers, ensuring security.<br /><br />How Does Blockchain Work?<br />Transactions are recorded and verified.<br />Data is encrypted and linked together.<br />Information is stored across many computers.<br />Changes are updated in real-time.<br /><br />Key Features<br />Secure: Data is protected from tampering.<br />Transparent: All transactions are visible.<br />Immutable: Data cannot be altered.<br /><br />Applications<br />Finance: Secure payments and transactions.<br />Supply Chain: Tracking goods and inventory.<br />Healthcare: Secure medical records.<br /><br />Benefits<br />Trust and accountability.<br />Increased efficiency.<br />Reduced errors.<br /><br />Our Website<br />Visit 🔗(http://www.skillfloor.com) <br />Our Blogs (https://skillfloor.com/blog/blockchain-tutorial)<br />and take the next step in your career today!<br /><br />📢 Remember to:<br />👍 Like this video if you found it beneficial.<br />💬 Drop a comment below with any queries or topics you would like us to address.<br />🔔 Subscribe and click on the bell icon to stay updated with our latest content.<br /><br />Follow us on social media for more updates:<br />https://www.instagram.com/skillfloor/<br />https://www.linkedin.com/company/skillfloor/<br />https://www.facebook.com/skillfloor/<br />https://twitter.com/skillfloor<br /><br />#blockchain #blockchaintechnology #HowBlockchainWorks #Crypto #DigitalLedger #techexplained #futureoffinance #decentralization #smartcontracts #blockchainapplications