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Blockchain Definition: What You Need to Know

Blockchain technology is one of the most exciting forms of technology globally. But, very few people understand the concept.

This guide breaks down everything you need to know about blockchain technology. It explains what it is, how it works, and why it’s regarded as the future.

What is Blockchain Technology?

First, let’s break down blockchain as a concept.

To understand blockchain, think of a ledger where transactions are recorded. Whenever money is sent from one account to another, it is recorded in the ledger for everyone to see.

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