When you think of examples of blockchain technology, Bitcoin is the name that will come to your mind; It is a decentralized digital currency that uses blockchain to record and verify financial transactions.
In the case of Bitcoin, the blockchain acts as a public ledger that tracks the ownership and transfer of coins between addresses.
Another example of blockchain technology is Ethereum, a decentralized platform that enables the creation and execution of smart contracts. Ethereum uses blockchain to secure and validate the execution of these contracts, making it possible to build decentralized applications on top of its network.
Moreover, In the supply chain industry, blockchain is used to track the movement of goods and ensure the authenticity of products. For example, a food supplier might use blockchain to record information about its products' origin, storage conditions, and transport, providing a transparent and immutable supply chain record.
These are just basic examples of the many potential applications of blockchain technology. As the technology continues to evolve, more use cases will likely emerge in various industries.