Blockchain is a digital payment platform that allows for the permanent and precise recording of two-party transactions. To be more specific, blockchain is a cryptocurrency-only technology that can be applied to any digital asset. It allows multiple parties to trade, share valuable information, and pool their resources in a safe and deceptive manner. Blockchain is regarded as the most recent technology by both business professionals and non-professionals alike. In fact, blockchain has been around since 1991, but it only became popular with the development of cryptocurrencies.