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blockchain, originally blockchain, is a growing list of records, called blocks, that are linked using cryptography Blockchain was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin.

How Blockchain Works

A block in a blockchain is a collection of data. The data is added to the block in the blockchain, by connecting it with other blocks in chronological others, creating a chain of blocks linked together, Add-Only: Data can only be added in the blockchain with time-sequential order.

Where can Blockchain be used?

  • Payment processing and money transfers. …
  • Monitor supply chains. …
  • Retail loyalty rewards programs. …
  • Digital IDs. …
  • Data sharing. …
  • Copyright and royalty protection. …
  • Digital voting. …
  • Real estate, land, and auto title transfers.

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