What is Blockchain and how does Blockchain technology work?

Blockchain technology or chain of blocks is one of the most innovative and disruptive concepts of recent years. However, sometimes it is difficult to understand what is a blockchain? What differentiates it from cryptocurrencies? How does Blockchain work? What advantages does it have? How does a node work in the network? . Do not worry because we have prepared this complete guide on what Blockchain is and how this technology works so that you do not have any doubts. Let’s start!

 

If we analyze Google Trends, we will see that searches for the term “blockchain” have been increasing since 2013, thus representing that it is a trend that is stabilizing and in the process of maturing.

 

And it is that according to the report published by MarketsandMarkets this 2022, the global blockchain or block chain market is expected to grow from 5 billion dollars in 2020 to almost 40 billion in 2025. This represents a compound annual growth of 67% year after year until 2025.

 

 

Blockchain is the…

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