Blockchain: A Technology that bitcoin uses

Blockchain: 

Blockchain is a public ledger or a distributed database of all bitcoin transactions.It is a open source technology and anyone can access the details at anytime.The unique feature of the blockchain technology is that, the digital transactions and information are immutable.  As it is a distributed  ledger, there will be no control or central authority of records stored.

 Benefits of Blockchain:

As it is open source ,anyone can access data at anytime.
Decentralization process makes more accessibility with less attack to data forge.
Easy data manipulation,(ie., storage and retrieve process of data).

 Blockchain -Bitcoin :

Bitcoin or cryptocurrency is a digital currency used for online trading process.Anyone can mine his/her own bitcoin.But the bitcoin can be used for trading or exchange process only after getting a legal authority and registration from blockchain.
 Thus ,blockchain is a collection of all bitcoin records as a ledger or database.In this technology,the records of bitcoins are stored into different blocks that are interconnected by chains that are encrypted. As it is encrypted and decentralised,there is no chance of hacking th e records,as whole network is connected.

Bitdeal:

Bitdeal is a best blockchain development company,that provides you all blockchain related services with 24 X 7 support. so as to increase your bitcoin related online business & for your decentralized blockchain development services,contact Bitdeal.
To know more about blockchain technology,its working and future scope refer this blog :
What Is Blockchain Technology ? How It Works?

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