The technology behind Bitcoin is called blockchain technology.
A blockchain is a public record of all transactions that is shared and maintained through a global consensus among everyone participating in the Bitcoin network.
The purpose of blockchain technology is to prove that transactions in the network are undisputable and prevent double spending of bitcoins.
There are alternative uses of blockchain technology that can be applied to various other industries and sectors, such as the real estate industry for fractional property ownership and the energy industry for peer-to-peer energy trading.
Blockchain technology has unlocked a new wave of innovative projects that are looking to transform the way the world works and operates.
The purpose of blockchain technology is to prove that transactions in the network are undisputable and prevent double spending of bitcoins.