How does the blockchain technology work

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NFTs have become wildly popular has its own unique nonce and hash, but also references the hash of the previous block in the chain, so handle data and ownership on a large scale.

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Blockchain And Cryptocurrency Explained In 10 Minutes - Blockchain And Cryptocurrency - Simplilearn
These technologies are: 1) private key cryptography, 2) a distributed network with a shared ledger and 3) an incentive to service the network's. Blockchain technology is a decentralized, distributed ledger that stores the record of ownership of digital assets. More specifically, it's the underlying technology that constructs a decentralized digital ledger that enables exchanges between multiple parties in a secure.