Uses of BLOCKCHAIN technology.

Blockchain is a system for storing data in a way that makes system changes, hacking, and cheating difficult or impossible.

A blockchain is simply a network of computer systems that duplicates and distributes a digital ledger of transactions across the entire network. Each block on the chain comprises a number of transactions, and each participant's ledger receives a copy of each new transaction that takes place on the blockchain. Distributed Ledger Technology refers to the decentralised database that is governed by numerous users (DLT).

Transactions on a blockchain are recorded with an immutable cryptographic signature known as a hash.

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