How Blockchain Technology is Creating 21st Century Digital Collectibles
That’s too many difficult words, right? Unable to comprehend the question? Ok, let’s break the giants into simpler terms to understand them easily. First of all, what is Blockchain Technology?
Blockchain Technology is a chain of blocks, with each block holding a specific type of information in it. All blocks in the chain have specific “hash” values, along with the hash values of the preceding blocks in the chain. This is a decentralized form of sharing information or assets, that is, the information non-modified by any centralized party or institution. Let’s take an example: Suppose you have an asset such as a house. House is a physical asset, right? To sell it, you need to contact a prop