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Blockchain is the backbone Technology of Digital Cryptocurrency Bitcoin. The blockchain is a distributed database of records of all transactions or digital event that have been executed and shared among participating parties. Each transaction verified by most participants of the system. It contains every single record of each transaction. Bitcoin is the most popular cryptocurrency an example of the blockchain. Blockchain Technology Records Transaction in Digital Ledger which is distributed over the Network thus making it incorruptible. Anything of value like Land Assets, Cars, etc. can be recorded on Blockchain as a Transaction.
One of the famous uses of Blockchain is Bitcoin. The bitcoin is a cryptocurrency and is used to exchange digital assets online. Bitcoin uses cryptographic proof instead of third-party trust for two parties to execute transactions over the internet. Each transaction protects through digital signature. There is no Central Server or System which keeps the data of Blockchain. The data is distributed over Millions of Computers around the world which relate to the Blockchain. This system allows Notarization of Data as it is present on every Node and is publicly verifiable.