Blockchain is not a new term for anyone who is following the financial industry, especially banking, cryptocurrency, or investment for the last ten years or so. Blockchain was combined with other computing concepts and several other technologies to revolutionize the modern concept of cryptocurrency. Instead of a central repository, Blockchain encourages peer-to-peer electronic transactions utilizing cryptographic mechanisms and that too also without any trusted third party in between. In a single phrase, it is a distributed, decentralized, and public ledger. Read more …
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