What is Blockchain?

Blockchain is a continuous sequential chain of blocks containing information built according to certain rules. This is a universal tool for building various databases, which has the following advantages: decentralization, complete transparency, privacy, reliability.

Blockchains allow you to send any values to any point in the world where the blockchain file will be available. But you must have a private key created using a cryptographic algorithm to allow you access only to those blocks that you “own”.

Blockchain technologies can be used in tourism, education, medicine, the automotive industry, public transport, industrial production, agriculture, etc. All this once again confirms that Blockchain technology has enormous prospects and can be implemented in almost any field of activity.