Blockchain is a decentralized distributed network that utilizes a digital ledger to store transactions secured by encryption known as cryptography.

• Ledger - Storing records.

• Decentralized - No central authority.

• Distributed -Everyone has a copy.

• Cryptography - Encryption method to secure the blockchain.

• Decentralization - Power, and authority lie in the hands of the users

• Speed - Transactions are initiated at a faster interval (less than 10 seconds) when compared to the traditional finance system.

• Immutability - Cannot be easily changed

• Trustless system

• Security

Cryptocurrencies are digital assets designed to work as a medium of exchange wherein inidivdual ownership is stored on the blockchain. Examples of these cryptocurrencies include Bitcoin, Ripple, Tether, Ethereum, Chainlink, etc.

Blockchain is a decentralized distributed network that utilizes a digital ledger to store transactions secured by encryption known as cryptography.

• Ledger - Storing records.

• Decentralized - No central authority.

• Distributed -Everyone has a copy.

• Cryptography - Encryption method to secure the blockchain.

• Decentralization - Power, and authority lie in the hands of the users

• Speed - Transactions are initiated at a faster interval (less than 10 seconds) when compared to the traditional finance system.

• Immutability - Cannot be easily changed

• Trustless system

• Security

Cryptocurrencies are digital assets designed to work as a medium of exchange wherein inidivdual ownership is stored on the blockchain. Examples of these cryptocurrencies include Bitcoin, Ripple, Tether, Ethereum, Chainlink, etc.