A blockchain is a decentralized, distributed database that maintains a growing list of records called blocks. Each block contains a timestamp and link to the previous block. Bitcoin uses blockchain technology, where a peer-to-peer network monitors and verifies bitcoin transfers between users' digital wallets. A blockchain wallet allows users to easily send and receive bitcoins without bitcoin client software. In the future, blockchain is expected to facilitate global trade and disrupt sectors like banking, healthcare, and financial transactions through virtual currencies and distributed ledgers.

2. What is blockchain?
• A blockchain is a decentralized, distributed
database that is used to maintain a
continuously growing list of records, called
blocks. Each block contains a timestamp
and a link to a previous block.

7. Relationship between Bit coin and Block chain

8. BITCOIN
• Bitcoin is a digital currency (also called crypto-currency) that is
not backed by any country's central bank or government.
• Bitcoins can be traded for goods or services with vendors who
accept Bitcoins as payment.
• Bitcoin-to-Bitcoin transactions are made by digitally
exchanging anonymous, heavily encrypted hash codes across a
peer-to-peer (P2P) network. The P2P network monitors and
verifies the transfer of Bitcoins between users.
• Each user's Bitcoins are stored in a program called a digital
wallet which also holds each address the user sends and
receives Bitcoins from, as well as a private key known only to
the user.
• The first Bitcoin specification and proof of concept was
published in 2009 by Satoshi Nakamoto.

10. HOW DOES BITCOIN WORKS
• From a user perspective, Bitcoin is nothing
more than a mobile app or computer program
that provides a personal Bitcoin wallet and
enables a user to send and receive bitcoins.
Behind the scenes, the Bitcoin network is
sharing a massive public ledger called the
"block chain". This ledger contains every
transaction ever processed which enables a
user's computer to verify the validity of each
transaction .

14. What is Blockchain Wallet?
• A Blockchain wallet is an online application that
allows many people to store and transfer bitcoins
as a payment to any part of the world in just as
easy as one – two – three steps.
• It is a free service which makes easier to send and
receive your Bitcoins without the need for Bitcoin
client software.
• It was first released in August 2011 that
maintains the list of records involved in the
bitcoin transaction.

15. Steps to create Blockchain Wallet
account

16. Steps to create Blockchain Wallet
account
• STEP 1: Open blockchain.info website
• STEP 2: Click “Wallet” button
• STEP 3: Complete the Registration Form
• STEP 4: Look up your Block Chain Dashboard
• STEP 5: Verify your email ID
• STEP 6: Secure your account – Level 1
• STEP 7: LEVEL 2 – Add your mobile number
• STEP 8: LEVEL 3 – Block suspect IDs

18. Future of Blockchain Technology
• Most governments around the world will
create or adopt some form of virtual currency.
• Most of world trade will be conducted
leveraging blockchain technology.
• Sectors most susceptible to disruption by
blockchain within the next five years are
Financial Transactions , Micro-payments,
Banking, Healthcare etc.