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What is Blockchain & Why Does It Matter?

5:16 17 February 2026

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What is Blockchain & Why Does It Matter?

Imagine a world where your money, property or even votes could be recorded in a digital notebook that no one can erase or cheat. That’s basically what blockchain is- a shared system where thousands of computers around the world work together to keep information safe, transparent and permanent. Unlike banks or companies that control their own servers, blockchain has no single authority in charge, so everyone can trust it. This mix of decentralization, transparency and security is what makes blockchain such a powerful technology.

Blockchain isn’t just about Bitcoin or other cryptocurrencies. It’s being used in many real-world ways: smart contracts that run automatically, tracking products in supply chains, keeping healthcare records safe and even making voting systems fair and transparent. Other exciting developments include faster and cheaper blockchain networks, tokenizing real-world assets like property or gold, safer finance systems and digital currencies from governments. When AI teams up with blockchain, it could make sharing and using data smarter, faster and fully secure, creating a future where trust, transparency and safety are built into almost everything we do.

Blockchain matters because it’s not just technology for money- it’s a new way to handle information that could change how we live, work and interact with the world around us.

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