Block Chain Technology

Blockchain is a new data structure that is secure, cryptography-based, and distributed across a network. The technology supports crypto-currencies such as Bitcoin, and the transfer of any data or digital asset.

  • Blockchain is the basis of bitcoins, it is a digital public ledger that records every transaction. It removes the need for using a trusted third party such as a bank to make a transaction by directly connecting the customers and suppliers.
  • Each transaction is recorded to the ledger after verification by the network participants, mainly a chain of computers, called nodes.Once a transaction is entered in the blockchain, it cannot be ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Economic Development