The blockchain itself is not a digital currency and is not just a different word for Bitcoin. Blockchain is a technology that forms the backbone of the most popular cryptocurrency.
Most databases are stored on central servers (each bank has its own register, the real estate authorities have their own register, etc.), whereas the entire blockchain as a database remains stored and updated on a large number of synchronized computers all over the world. This provides significant transparency, security, and efficiency.
***
Do you still have any questions? Use the support chat to contact our support team or send us an email [email protected]