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Blockchain is a decentralized digital ledger technology that records transactions across multiple computers in a way that ensures the data is secure, transparent, and tamper-proof. It’s the foundation of cryptocurrencies like Bitcoin and Ethereum but has many other applications.

Key Features:

Decentralized: No single entity controls the data.

Immutable: Once added, data cannot be changed.

Transparent: Transactions are visible to all participants.

Secure: Uses cryptographic algorithms for data integrity.


Common Uses:

Cryptocurrencies (e.g., Bitcoin, Ethereum)

Smart contracts (self-executing agreements)

Supply chain management

Voting systems

Digital identity