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Blockchain Technologies

At its core, Blockchain technology is a decentralized digital ledger that records transactions across many computers to prevent the registered transactions from being altered retroactively. 

Blockchain combines several existing technologies, including cryptography, distributed data storage, and consensus mechanisms. These components work together to ensure the integrity, security, and continuity of data without the need for a central authority.

Blockchain technologies underpin cryptocurrencies like Bitcoin and Ethereum, but their potential extends beyond financial transactions.

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Blockchain Technology Simply Explained – 14 mins

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