Blockchain technology is used in cryptocurrencies (like Bitcoin) for secure transactions, but its applications extend far beyond, including supply chain management, healthcare records, digital identity, voting systems, finance, media/royalties, and property records, essentially anywhere immutable, transparent, and decentralized record-keeping or asset management is needed, as it creates a secure, shared, unchangeable digital ledger for any data1, 3, 5, 6.
Block Chain technology is used in ______?
Review the verified answer and explanation for this PPSC Punjab Public Service Commission past-paper question on CampusFin.
Question context
This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the PPSC Punjab Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.