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BLOCKCHAIN

TECHNOLOGY
INTRODUCTION
Blockchain is a method of
recording information that makes
it impossible or difficult for the
system to be changed, hacked, or
manipulated. A blockchain is a
distributed ledger that duplicates
and distributes transactions
across the network of computers
participating in the blockchain.
Blockchain is a method of
recording information that makes
it impossible or difficult for the
system to be changed, hacked, or
manipulated. A blockchain is a
distributed ledger that duplicates
and distributes transactions
across the network of computers
participating in the blockchain.
HOW DOES BLOCKCHAIN WORKS?

Step 1 Step 2 Step 3 Step 4 Step 5

TANSACTION THE TRANSACTIONS BLOCKS ARE BLOCKES


ARE NETWORK ARE GROUPED SECURED ARE CHAINED
INITIATED VERIFIES
ADVANTAGES DISADVANTAGES

AUTOMATION CAPABILITY ENERGY COMSUMPSIONN


DECENTRALIZED SYSTEM SYCouAr pLarAagBraIpLh
HIGHLY SECURE ItTexYt
HIGH COST
APPLICATIONS 2. Hospital management system

1. Cryptocurrency

3. Real Estate
LAYERS OF SECURITY
1. Proof of work
2. Copy of blockchain to all
network
3. Consensus rule
4. If date of block is changed
then hash is automatically
change
CONCLUSION
Blockchain technology has the potential to revolutionize many
aspects of our lives, from the way we conduct financial transactions
to how we manage our identities. Its core features of security,
transparency, and efficiency offer a compelling alternative to
traditional methods.

While still in its early stages of development, blockchain is rapidly


evolving, and its applications are constantly expanding. As we move
forward, it will be crucial to address the challenges of scalability,
regulation, and energy consumption to ensure that blockchain
reaches its full potential.
THANKYOU
Esha Chavan & vaishnavi Mote

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