Blockchain is a P2P network, where the ledger is distributed and transactions are posted to the ledger only upon consensus. Such a P2P network, along with various components such as smart contracts, cryptography, and algorithms, help to build a blockchain network that delivers trust. Blockchain allows participating parties (nodes) to establish consensus without an intermediary, which leads to a single distributed truth (ledger). There's no reconciliation, no delays, and no intermediary, and transactions are recorded in real time over an immutable ledger forever.
We have not covered the details about blockchain and, in this section too, we will just touch on the definition and jump into the difference between blockchain ...