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What is Blockchain Technology???#shorts



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#shorts #blockchain
Blockchain technology is a decentralized, distributed ledger that records and stores transaction data across a peer-to-peer network. It is used to securely store and share information without the need for a third-party intermediary. This technology is most commonly associated with the cryptocurrency Bitcoin, but it has many other uses, including smart contracts, data storage, identity management, and secure communication. With blockchain technology, users can create immutable records of transactions, meaning that no one can alter the data without the approval of all parties involved. It also adds an extra layer of security to transactions, as the data is distributed across multiple computers, making it much more difficult for hackers to access.
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Cryptocurrencies
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