What is a Blockchain?
A blockchain is a distributed network that serves as a database for digital transactions through secure platforms solely between a dealer and a customer. Blockchains serve as the ‘mediator’ that supervises digital exchange. At the same time, it permanently records transactions, ledgers, made to promote transparency amongst users participating in the system. The ability to secure transactions is great but what is special about blockchains specifically? Blockchains ensure that transaction records are maintained securely, allowing trusting of the system.