While it may appear to be complicated, and it can be, its core concept is relatively easy. A blockchain is a type of digital ledger, also called a distributed ledger technology. To comprehend blockchain, it is essential first to comprehend what a database is.
“Database” refers to a collection of data saved electronically on a computer or other digital device. In order to make searching and filtering for specific information easier, database information, or data, is frequently structured in a table-like format. Where do spreadsheets and databases vary when it comes to data storage?