Blockchain Technology- Simplified And Explained.

What is Blockchain?

With the rise of cryptocurrencies like Bitcoin, Ethereum, and others in the last few years, Blockchain technology is become the new sensation and is being used to develop various applications, and creation of cryptocurrencies, Cryptocurrencies are based on blockchain technology, which provides strong encryption software that guarantees secured transaction. An emerging technology, Blockchain uses cryptography- a decentralized network of blocks that houses a copy of the blockchain ledger. Blockchain underpins digital currency and allows digital information to be distributed in a secure manner.

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