This document provides an overview of blockchain technology. It begins with definitions, explaining that blockchain is a public ledger of transactions distributed across a peer-to-peer network with no central authority. It then describes how blockchain works, including how transactions are grouped into blocks and added to the chain in a way that can never be erased. The three key pillars of blockchain - decentralization, transparency, and immutability - are also summarized. Potential applications for blockchain technology are listed across various industries. Both pros and cons of blockchain are identified. The document concludes by suggesting that blockchain will continue gaining widespread adoption as its practical applications become more established.