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Blockchain Technology||What is Blockchain Technology



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Blockchain technology is a decentralized, digital ledger that records transactions across a network of computers. The technology operates on a series of blocks, each containing a unique cryptographic hash that links it to the previous block. This creates a secure, tamper-proof system that ensures the validity of transactions.Once a block is added to the chain, it cannot be altered or deleted. This makes it ideal for securing financial transactions, supply chains, and digital identity verification. The technology also allows for smart contracts, which are self-executing contracts that are triggered by pre-defined rules.
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Cryptocurrencies
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