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Blockchain learning

1 year ago

ID: #821554

Business Description

Blockchain: A blockchain is a digitized, decentralized, public ledger cryptocurrency transactions. Transactions such as the exchange of assets or data are recorded in distributed blocks which are shared among the participants in the blockchain network. All the confirmed and validated transaction blocks are linked and chained from the beginning of the chain to the most current block. Every record in the distributed ledger has a timestamp and unique cryptographic signature, thus making the ledger an audit-able, immutable history of all transactions in the network. Blockchain was implemented first time as part of digital currency bitcoin. In future blockchain can be used to develop the application for finance, supply chain, healthcare etc.

Industries that use Blockchain Technology
Blockchain Technology offers Peer to Peer operations to make Transactions Ledger and jointly manage the databases in form of Bitcoin, Ethereum, Hyperledger. It finds its applications In various streams and sectors for trading through digital operations using Cryptocurrency.

Finance and Banking
Logistics
Cloud service
E-Commerce
Health and Pharmaceutical sector
Public and Government Sector
Energy

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