Getting to Know Blockchain: A Beginner-Friendly Overview

With the invention of every new technology, we gain more knowledge and tools that can help us in various ways. Who knew that a technology that is built only to assist Bitcoin could get more popular with multitudes of applications for every industry? Yes, Blockchain was initially designed to create an environment or platform to trade Bitcoin, but it has come a long way. According to the latest report, the current global market share of Blockchain will be $17.21 billion in 2023, and it will reach $99.37 billion in 2027. In this article, we will provide an in-depth view of Blockchain, how it works, various elements, features, and functionalities. Before we dive deep into the Blockchain, let’s learn about what blockchain technology is and how it works.