Blockchain Technology: What it is? How does it work?

Blockchain is a distributed ledger (DLT) technology that enables data to be stored on thousands of servers worldwide while allowing anyone on the network to see the entries of everyone else in near real-time.

There are several ways to build a blockchain network:

• Public blockchain networks
• Private blockchain networks
• Permissioned blockchain networks
• Consortium blockchains

The three pillars of blockchain technology:

1. Decentralization
2. Transparency
3. Immutability

To go in deeper with blockchain technology, we suggest you read this article:
What is Blockchain Technology? A Step-by-Step Guide For Beginners.