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All transactions are recorded online in the electronic database named a blockchain that uses effective a person-way encryption to make sure protection and evidence of possession.

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Blockchains are unique in that, once a transaction has been recorded and confirmed, it could possibly?�t be transformed. The ledger only allows for 1-way information modification.

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A blockchain is really a distributed public ledger ??or on-line digital database ??which contains a record of the many transactions over here a System.

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