Blockchain technology and cryptocurrency are very closely related to each other as it serves as the underlying technology behind many cryptocurrencies transactions. A decentralised and distributed ledger technology called blockchain has been introduced by SMARTnCODE Technologies, and it records transactions across multiple networks of computers in a secure and transparent manner. In recent times, blockchain and cryptocurrency technology have arrived and evolved together as a source of revolutionising a wide array of industries, devising economies and challenging the traditional norms of technology and finance.
In the future, the potential of blockchain in cryptocurrency technology is massive which can transform the various aspects of our lives. The cryptocurrency blockchain technology enables the creation, transfer and verification of cryptocurrency transactions in a secure, transparent and decentralised manner.