Blockchain: What is this technology?
As its name suggests, blockchain is a Chain of blocks that contain encrypted information for each transaction on the Internet, basically, acts like a database It maintains a distributed, decentralized, synchronized and secure record of user information on any digital device.
One of the advantages of this technology is that it allows Any activity that is verifiable, transparent, and improbable, That is, it generates a unique and secure code for each action performed on the network.
Blockchain Uses Beyond Cryptocurrencies
Although the term is closely related to the use of cryptocurrencies, there are possibilities beyond crypto-asset trading.
According to chainlysisA global blockchain analysis platform, there are at least four uses and applications for this technology: DeFi and smart contracts, digital asset management, supply chain (logistics) and the public sector or digital governance.
Smart contract and DeFi system
in future, Blockchain systems...
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