Blockchain technology is a digital ledger system that allows for secure, transparent and tamper-proof transactions. It is essentially an often decentralized, distributed, peer-to-peer database that is maintained by a network of computers instead of a single entity, making it highly resistant to hacking and data breaches. By providing greater security, transparency and efficiency, blockchain technology can help to create a more equitable and sustainable world.
Blockchain technology has the potential to help mankind in various ways, some of which include - but are not limited to:
Decentralization and Transparency: Blockchain technology allows for decentralization of data and transactions, making them more transparent and accountable. This is particularly important in fields such as finance, where trust and transparency are critical.
Increased Security: Blockchain technology is inherently secure due to its distributed nature, making it very difficult for