Decentralized technology refers to systems that distribute control and data across multiple locations rather than relying on a single central authority. This approach enhances security and resilience, as there is no single point of failure. Examples include blockchain and peer-to-peer networks, which allow users to interact directly without intermediaries. In decentralized systems, participants can verify transactions and maintain the integrity of the network collectively. This transparency fosters trust among users, as everyone can access the same information. Decentralized technology is often associated with cryptocurrencies like Bitcoin and applications in various fields, including finance, supply chain, and governance.