What is blockchain technology?
An example of an AI chatbot conversation about blockchain technology and its applications.
What is blockchain technology?
Blockchain technology is a decentralized digital ledger that records transactions across many computers securely.
How does it ensure security?
It uses cryptographic techniques to secure data, making it nearly impossible to alter past records.
What are some real-world applications of blockchain?
Blockchain is used in various fields like finance for cryptocurrencies, supply chain management, and even voting systems.
Can you explain how smart contracts work?
Smart contracts are self-executing contracts with the terms directly written into code, automating processes without intermediaries.
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