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WHAT is BLOCKCHAIN ?. Explore the Future ...
In this Video / Blog we will explore the moderen technology Blockchian and its applications .
Blockchain is a cutting-edge technology that utilizes mathematical algorithms and encryption to challenge traditional methods. Its potential as the future of technology is yet to be fully realized, as it remains uncertain if governments and financial institutions will fully adopt it. Blockchain operates as a digital, decentralized ledger that records all transactions across a network of computers. It utilizes encryption to secure and validate transactions, as well as to control the creation of new units of specific cryptocurrencies. Each block within the chain holds multiple transactions, and every new transaction added to the blockchain is recorded on every participant's ledger. The decentralized structure of blockchain ensures that no one entity controls the data, making it resistant to tampering and alteration. This technology is widely used in the operation of cryptocurrencies such as Bitcoin and Ethereum, and has potential uses in various industries including finance, supply chain management, and voting systems.
Topics includes : #blockchain #crypto #decentralized
#Revolutionary #technology #cryptography
Mathematics, Traditional methods , Future of technology, Governments,
Financial institutions, Digital , Decentralized ledger, Transactions, Network of computers, Encryption , Validation, Control, Cryptocurrencies, Blocks Chain
Decentralized structure, Data, Tampering, Alteration, Bitcoin, Ethereum, Finance, Supply chain management, Voting systems
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