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Whenever a new transaction is entered into the system, it is encrypted by using the Cryptographic technology. Once the encryption process is done, the whole transaction is converted to a block. After this, the particular block is sent into the huge network of computer nodes. After clearing this stage, the block can be added to the list of previous blocks. The entire process follows a chain, and this is the main idea behind referring it as a Blockchain.
At the point when another exchange is placed into the framework, it is scrambled by utilizing the Cryptographic innovation. When the encryption interaction is finished, the entire exchange is changed over completely to a block. After this, the specific block is sent into the immense organization of PC hubs. Subsequent to clearing this stage, the block can be added to the rundown of past blocks. The whole interaction follows a chain, and this is the fundamental thought behind alluding it as a Blockchain.