I think for blocks in the blockchain technology


#1

Blockchain consists of information of all the financial transactions. A block is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For example- an organization has 100 ledger books the combination of which is known as Blockchain and a single ledger would be considered as a block
What do you think


#2

There is nothing to think, its a standard definition of blockchain. Example is correct but I should add that combination of ledgers which is hack proof and can’t be modified by anyone.


#3

The most important advantage of the blockchain lies in complete protection from manipulation.


#4

Plus there is no need to save any data (online or in physical form). Anything which is once recorded, will always be there. Saving of man work hours and elimination of unnecessary work is another advantage.