Too Long; Didn't Read
The blockchain is an immutable distributed ledger technology in which transaction data is recorded. Its benefits include transparency, traceability, accessibility, enhanced security, cost reduction of processes, and irrevocable documentation of the processes. <a href="https://hackernoon.com/do-companies-actually-need-blockchain-df8aea80d98d" target="_blank">More details on Blockchain applications can be found here.</a>