Considered as the second generation of the internet, the internet has provided an unparalleled means of communicating with people all over the world.
However, blockchain technology’s requires a far more descriptive explanation. It's an open source for public online database or medium that is used for the record and exchange of value-based transactions.
How does the blockchain work?
The blockchain technology is the best revolution since the internet itself. It allows people to do value exchange without any trust or for a central authority.
There are some important Components of Blockchain:
Blockchain allows the users to write a few lines of code and helps to envision two individuals who wish to conduct a transaction online.
Each of these holds two keys one is private and one public.