What is Blockchain Technology? How It Works and Its Future
Introduction | The Digital Revolution Nobody Saw Coming Picture this: It's 2008, and the global financial system is in chaos. Banks—once considered pillars of trust—have failed. People have lost homes, jobs, and savings. In this atmosphere of broken trust, an anonymous figure using the pseudonym Satoshi Nakamoto releases a nine-page white paper that would change everything. That paper introduced Bitcoin, but more importantly, it unveiled the revolutionary technology underneath: blockchain. What started as the backbone of a new digital currency has evolved into something far greater—a technology with the potential to transform industries from finance to healthcare, from supply chain to digital identity. But what exactly is blockchain? How does it work? And why are so many calling it the most significant technological innovation since the internet itself? In this comprehensive guide, we'll demystify blockchain technology, explore how it functions, examine its real-world appl...