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How Blockchain Works
Blockchain visualization

Imagine a digital notebook that is shared among many people. Every time someone adds a new page (a 'block'), it's linked securely to the previous page. This chain of pages is what we call a 'blockchain'.

Key Features:

  • Decentralized: Instead of being stored in one place, the notebook is copied and spread across a network of computers. This makes it very difficult for any single person to change it.
  • Secure: Each transaction (or 'block') is encrypted and linked to the previous one. Changing a block would require changing all the blocks that come after it, which is nearly impossible.
  • Transparent: While the participants can be anonymous, the transactions themselves are visible to everyone on the network. This creates trust because no one can secretly alter the records.

At PesaLink, we use this technology to ensure that your money transfers are fast, secure, and transparent, giving you peace of mind.