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Blockchain : Decentralized, Distributed ledger Technology - Bright Mills

Blockchain

Decentralized, Distributed ledger Technology

Author: Bright Mills

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Published: 13th April 2026

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Blockchain is a decentralized, distributed ledger technology that records digital transactions across multiple computers in a secure, immutable, and transparent way. Originally designed to support the digital currency Bitcoin, blockchain has evolved into a foundational technology with applications in finance, healthcare, supply chains, governance, and beyond. This comprehensive 8,000-word guide will explore the origins, key components, consensus mechanisms, types of blockchain, use cases, security implications, and future trends.

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