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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