Blockchain: New Emerging Technology


Blockchain, a new age and groundbreaking technology is gaining widespread enthusiasm across all governments, and private sector companies.
“Blockchain in most simple terms can be described as data you can only add to, not take away from or change”.
The blockchain is characterized by decentralization, anonymity, auditability, and persistency.  Bitcoin is one of the famous applications of Blockchain Bitcoin, a decentralized digital cryptocurrency, which can be used to pay for services and goods.  Many other applications of Blockchain technology includes online payments, digital assets, internet interaction systems like the internet of things, smart contracts, security services, reputation systems, and public services.
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