What is Blockchain

Blockchain is a technology for the storage and transmission of information; it is transparent and secure, and functions without a central control organ.

This makes it difficult to hack as the data is located in millions of places simultaneously. It can be used in almost any product that requires some sort of record-keeping or database management. While it was initially used for Bitcoin and other cryptocurrencies, blockchain has now been implemented in several industries including finance, real estate, and health.

The advantages of this technology are its stability and security.

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