Blockchain Basics | KarmaChain

Blockchain technology is a decentralized, digital ledger that records transactions across a network of computers, allowing for secure, transparent, and tamper-proof data management. The technology has been adopted by major companies and has been recognized by governments worldwide for its potential to increase efficiency and reduce costs. For instance, the Government of Estonia has implemented a blockchain-based system for secure data management, while the Securities and Exchange Commission (SEC) has issued guidelines for blockchain-based securities.