What is blockchain technology, and how does it work?

Utilizing a decentralized and distributed ledger system, blockchain technology records transactions across multiple computers. It operates as a chain of blocks, each containing a batch of transactions. The information in these blocks is encrypted and linked to the previous block, forming a secure and immutable chain. At its core, blockchain relies on consensus mechanisms, where network participants (nodes) validate and agree on the accuracy of transactions. It eliminates the need for a central authority and enhances transparency and security.

Challenges in Integrating Blockchain Technology

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Digital Transformation

Integrating Blockchain Technology in App Development: Challenges & Best Practices

by Emma Joseph

Blockchain technology has emerged as a dynamic catalyst in reshaping app development. The global blockchain market is forecasted to reach a staggering $23.3 billion by 2023, underscoring its undeniable influence.

Challenges in Integrating Blockchain Technology

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