What Blockchain means in simple terms?

This much short video has only one intention…to give a layman explanation of what Blockchain is all about? Further while concluding it also mentions the major technology foundation terms that enable a blockchain. Most of these terms are intended further to be added and covered in a very simple manner in the channel.

Blockchain comprises of two words “BLOCK” and “CHAIN”. Block here refers to a closed box with some data residing inside and the Chain refers to the appended blocks to this block which are cryptographically connected to each other with hashes.

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