BASIC CONCEPTS OF BLOCKCHAIN TECHNOLOGIES AND HOW IT CAN BE ONE OF THE FAMOUS TECHNOLOGIES IN THE IT WORLD

Shokhrukhbek Zokirjonugli Yuldoshev

BASIC CONCEPTS OF BLOCKCHAIN TECHNOLOGIES AND HOW IT CAN BE ONE OF THE FAMOUS TECHNOLOGIES IN THE IT WORLD

Authors

Shokhrukhbek Zokirjonugli Yuldoshev Chirchik State Pedagogical University

Keywords:

Blockchain, miners, information security, security, decentralized, distributed, blockchain, bitcoins, blockchain technology, hash, distributed ledger, distributed ledger technology (DLT).

Abstract

In this article, we will discuss and discover about what is blockchain, and their three important concepts: blocks, nodes and miners. And aslo you are given information about six main facts of blockchain. The blockchain is an ingenious and remarkable invention. This technology created the backbone of a new type of internet. It was originally designed for the digital currency, bitcoin, in which you can send digital money to anyone, even a stranger.

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Published

2023-12-05

How to Cite

Shokhrukhbek Zokirjonugli Yuldoshev. (2023). BASIC CONCEPTS OF BLOCKCHAIN TECHNOLOGIES AND HOW IT CAN BE ONE OF THE FAMOUS TECHNOLOGIES IN THE IT WORLD. Web of Teachers: Inderscience Research, 1(9), 21–25. Retrieved from https://webofjournals.com/index.php/1/article/view/453