How does Blockchain Work? learntransformation.com

As on the internet, anyone can publish information & then others can retrieve it anywhere in the world. You can transfer the value of whatever is store in that section of the blockchain management if you use your private key and someone else’s public key. But you need to possess a private, cryptographically generated key to edit only the blocks you possess.

Blockchain refers to the binding together of secure blocks of data in chains using cryptographic principles.

So, to use the Bitcoin example, users transfer blocks using keys, which hold units of currency that have financial value. So, Banks commonly perform the function of recording the transfer.