Blockchain is the underlying technology behind most cryptocurrencies. It is essentially a digital ledger that records and verifies transactions in a secure and transparent manner, without the need for intermediaries. Each block in the chain contains a cryptographic hash of the previous block, creating an immutable record of data.
Blockchain has numerous potential applications beyond just cryptocurrency, including supply chain management, voting systems, and more. Its decentralized nature and high level of security make it an attractive technology for various industries.