In really simple terms, you can think of Blockchain as a system of recording key information in a way that makes it difficult or impossible to change, hack, or cheat.
To dive a bit deeper...
Blockchain is a digital ledger of transactions that is decentralized (no central authority or intermediary controlling the system) and secure. It is made up of a chain of blocks, with each block containing a record of several transactions.
Each block is linked to the previous one, creating a permanent and unalterable record that is shared among a network of computers.
This makes it nearly impossible for any single entity to manipulate the data on the blockchain without being detected, making it a highly secure and transparent system for recording and verifying transactions.
Blockchains are most commonly associated with cryptocurrencies like Bitcoin, but they can be used for many other purposes, like managing supply chains!
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