
Maybe some people are not fond of the digital world because they find happiness in a sound of money withdrawn from ATM but that doesn’t mean they can deny the fact that World is rapidly stepping towards innovative technologies, which are used for our ease.
The blockchain is technology which is going to revolutionalize digital world completely.
Well, then here comes a concept of Encryption and Decryption.
Hash is nothing but a set of characters (eg: 12hyjdfll).
Blockchain was first developed to provide an alternative approach to payments, by using cryptographic methods to provide an alternative trust mechanism between two transacting parties, but now it is used for a wide variety of transactions.
2) It is not controlled by a single entity and therefore has no point of failure.