Money Smart: What is blockchain technology? – KENS5.com

Money Smart: What is blockchain technology? – KENS5.com

You’ve most likely heard of cryptocurrencies like Bitcoin and non-fungible tokens (NFTs). These digital assets operate on blockchain technology.

SAN ANTONIO — You’ve most likely heard of cryptocurrencies like Bitcoin and non-fungible tokens (NFTs). These digital assets operate on what’s called blockchain technology.

Blockchain technology is a digital system that allows users to record, store and manage information. A simple way to think of it is like Google Docs. Multiple users can use this online tool to collaborate, edit and insert information instantaneously.

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