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How does Blockchain technology work?

In blockchain technology instead of transferring or copying the data, digital assets are distributed. It brings transparency and reduces risk.  It is also known as Distributed Ledger Technology (DLT). It is a very important technology for every sector. You can read about Cryptocurrency: Definition, Advantages & Disadvantages in the given link.

Further readings:

  1. 5G RSTV   –  In-Depth, Discussion on 5G revolution in India for UPSC
  2. National Strategy on Blockchain
Related Links
Cashless Economy in India – UPSC GS-III Notes Bitcoin: Notes for UPSC Exam
Atal Innovation Mission (Atal New India Challenge) – UPSC Notes Nanotechnology – A Brief Overview
Science & Technology Questions in UPSC Mains GS-3 Digital Education in India – An Overview

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