Blockchain FAQ

What is blockchain technology?

Blockchain is a decentralized digital ledger that records transactions across many computers securely.

How does blockchain work?

Blockchain works by creating a chain of blocks, each containing transaction data, secured by cryptography.

What are blockchain benefits?

Blockchain offers transparency, security, reduced costs, and efficiency in transactions, benefiting businesses and consumers alike.

What are blockchain challenges?

What are the risks involved?

Is blockchain the future?

Blockchain has potential to transform industries, but its future depends on regulation, adoption, and technological advancements.