Question

Name the technology works on the concept of decentralized and shared database. 1​

Answer 1

BlockChain Technology is a type of distributed ledger that means a database that is consensually shared and synchronized across network spread across multiple sites, institutions. Blockchain provides an unalterable, public record of digital transactions in packages called Blocks.

Answer 2

Answer:

The blockchain is a decentralized database of transactions and it's the first decentralized database that is highly tamper-resistant. The blockchain's security was a dominant design goal. It is the first ever organizationally decentralized and logically centralized transaction log.

Explanation:

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