A block explorer is an online blockchain browser that displays the data of individual blocks and transactions in a specific blockchain. The application can retrieve transaction histories and address balances. Often different block explorers exist for single blockchains. In a sense a blockchain explorer can simply be described as a browser for the blockchain.
The rise of DeFi apps has unveiled a paradigm shift that challenges the traditional roles and value propositions of banking and finance.
The digital asset industry is at a turning point after the numerous bankruptcies of the past crypto winter.