INTRODUCTION TO BLOCK CHAIN.

Blockchain is definitely one of the most ingenius tehnology in the world..
different people can give different prospetives about it.
It is definitely the Next BIG THING in the world of technology.
In simple terms, BLOCK CHAIN is "time stamped series of immutable record of data which is managed by cluster of computers. Each of the blocks are secured and bound.

EXPLANATION OF BLOCK CHAIN WITH AN EXAMPLE:

Sujal and his four other friends went for a dinner. After the dinner, it was the time to pay the bills. Now, to resist a state of chaos and confusions regarding the sharing of the bill, Sujal decided to pay the bill on the spot and with mutual understanding, all agreed to pay him back later. Now, while transferring , Virat was able to transfer the money bit the other person was able to.
REASONS MAY BE:
1) MAX CASH LIMITED EXCEEDED
2) NETWORK ISSUE
3)!!!!!!!! OOOOOPSSSS!! 😂😂😂I forgot😛😛https://media.tenor.co/images/cdb327ec053535ce6c41b1c0f8bc4a7d/tenor.gif

Here, BLOCK CHAIN TECHNOLOGY comes in the scene. One can transfer the cash wit


Block chain technology provides a safe and secure way to transfer, without even an iota of dangerness. It provides a secured IP ADDRESS which through encryption provides security.
Block chain has its application in almost all arenas of life.
For instance- It is used in Railways, Environmental, Finance, Security &Surveillance, Telecommunication,


Block chain has its wide application in BITCOIN as well.


ALL WILL BE LISTED OUT IN THE NEXT BLOG. 

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