Simply put, Blockchain is an impenetrable digital fortress that records and maintains cryptocurrency transactions. All information is stored chronologically and is publically available.
For normal consumers or users of Blockchain, the following characteristics are the most important:
1. 100% control of the digital currency, transact it anytime and anywhere.
2. It does not rely on intermediaries like banks and financial institutions. You only need the internet and your digital wallet to make transactions.
3. No one can recover your digital currency if your money gets thieved. However, if you use your wallet properly, your digital wallet is theoretically securer than your credit card.