Published: 11 Mar 2020 › Updated: 11 Mar 2020
What is Blockchain?
Blockchain is a technology that can allow individuals and companies to make instantaneous transactions on a network without any middlemen.
Transactions made on blockchain are completely secure, and by function of blockchain technology, are kept as a record of what happened. Cryptographic encryption algorithms ensure that no record of a transaction on blockchain can be altered after the fact.
Potential applications can include fund transfers, settling trades, voting, and many other issues.
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