In recent years, blockchain has gained attention as a new way to store and transfer data without relying on a central authority.But what exactly is blockchain? Before we dive into that, it’s important to understand the concept of a Distributed Ledger System (DLS).A distributed ledger system is a network where records are shared among multiple nodes. Each participant maintains a copy of the ledger, and any new record can only be added once the network reaches an agreement, called consensus. Th...