Blockchain is often associated with cryptocurrency, but its potential extends far beyond finance. At its core, blockchain is a decentralized ledger system that ensures transparency, security, and immutability of data. This technology is now being applied to fields like healthcare, supply chain management, real estate, and digital identity.
In supply chains, blockchain creates an unalterable record of every transaction, improving traceability and accountability. In healthcare, it secures patient records and streamlines data sharing between institutions. Governments are exploring blockchain for transparent voting systems and land registration.
The decentralized nature of blockchain empowers individuals by removing intermediaries and giving them control over their digital assets. As Web3 evolves, blockchain will serve as the backbone of the new internet—an ecosystem built on trust and autonomy.
