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Block Chain Technology an Introduction

What is Block Chain Technology ?As per a Developers : It is a set of protocols and encryption techniques to store data securely over  distributed network. It works like a Digital Ledger over a  distributed network. Data stored in it is temper proof and immutable.
As per Technology : It is a driving force which will lead us to develop next generation of Internet i.e. Web 3.0/Decentralized web.
Others : It is a tool for decentralized world to remove the deficiencies in our traditional system. 
It will create trust between parties
HistoryIn year 1991 a group of researchers brought Digital Time Stamps as Block chain concept. 
It was brought to reality by "Satoshi Nakamoto" in year 2009 in the form a digital cryptocurrency named "Bitcoin". 
In later 2013 Ethereum was proposed by a cryptocurrecy researcher and a programmer named  "Vitalik Buterin".
Areas of Use- Block chain technology's version 1.0 was used to develop Cryptocurrency like Bitcoin. Bitcoin is a p…