Blockchain

1 year ago
7

The basic concept of blockchain is a digital technology that allows the recording of transactions in a decentralized, safe and transparent manner through the use of computer networks that are connected to one another. Every transaction that occurs on the blockchain will be recorded in interconnected blocks and cryptographically encrypted. Thus, it is impossible to change or delete transactions that have been recorded in the blockchain. In a blockchain, there is no central party that controls or manages transactions, instead it is controlled by a network of participating computers. Thus, blockchain can increase security and transparency in various types of transactions, such as finance, logistics, and others

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