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RAS Prelims 2026 ऑनलाइन कोर्स
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अधिक जानकारी के लिए कॉल करें 87501 87501
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In this video, Mr. Yogendra Sharma, an expert faculty member at Drishti IAS, explains the revolutionary concept of Blockchain Technology and its significant impact on decentralization. Blockchain emerged as a solution to the centralized control of data and transactions, which had a tendency to favor powerful corporations, as seen with social media and digital platforms.
Mr. Yogendra Sharma delves into the history of blockchain, highlighting the crucial roles played by Stuart Haber and W. Scott Stornetta in its early conceptualization in 1991, followed by Satoshi Nakamoto’s development of Bitcoin during the 2008 global financial crisis. The technology was designed to enable decentralization in transactions, ensuring that control is distributed among users rather than centralized authorities. Blockchain uses a public ledger system, where data is securely encrypted, transparent, and immune to tampering.
The video also explores how blockchain is applied in various fields such as cryptocurrency, land records, voting, and healthcare, providing robust solutions for securing and verifying transactions. Mr. Sharma discusses the evolution of Cryptocurrency and the growing importance of blockchain in today’s digital age, particularly in systems where data integrity and transparency are paramount.
With practical examples, including Bitcoin transactions, government applications, and CBDC (Central Bank Digital Currency), the video offers insights into the future of blockchain and how it is reshaping industries.
Key Takeaways:
The role of blockchain in decentralization
Blockchain’s use in secure transactions (cryptocurrency, land records, voting)
How blockchain ensures transparency and reduces corruption
Applications of blockchain in government and private sectors
Watch this video to gain an in-depth understanding of blockchain technology and its growing significance in the modern world, especially for RAS aspirants preparing for Polity and Technology-related topics.
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𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐀𝐩𝐩 𝐧𝐨𝐰 :
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