# What Is Blockchain Technology?

**Published by:** [Avinash](https://paragraph.com/@aptossui/)
**Published on:** 2023-03-25
**URL:** https://paragraph.com/@aptossui/what-is-blockchain-technology

## Content

Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain. The data is chronologically consistent because you cannot delete or modify the chain without consensus from the network. As a result, you can use blockchain technology to create an unalterable or immutable ledger for tracking orders, payments, accounts, and other transactions. The system has built-in mechanisms that prevent unauthorized transaction entries and create consistency in the shared view of these transactions.

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