Blockchain is a new way of storing information. You can think of it as a shared virtual ledger owned by users (called nodes) on the blockchain network. Any change to that ledger — if someone transfers money or updates a legal contract, for example — is cryptographically verified and then reflected across the entire network, visible to everyone.
Blockchain is the ultimate enemy of bureaucracy. With the use of smart contracts, pieces of code that automate manual processes, blockchain can remove middlemen from a lot of traditionally complex tasks, like buying a house or sending money abroad. The result is a cheaper, faster and more transparent technological framework for the most important industries in society.
CoinSwitch kuber – https://coinswitch.co/in/refer?tag=x7d6