Blockchain technology is a technology that maintains a continuously growing list of
records known as blocks by using a distributed database. Cryptographic hash contained by each block of the previous block, a
timestamp, and transaction data. The first implementation of blockchain
technology was Bitcoin.
The creators of blockchain technology hoped that it would be used for many different
applications, such as digital voting, property ownership verification, and financial contracts.
However, so far, only a few applications have been developed using blockchain technology.