When we talk about the block and chain, it means blocks of digital information stored in the public database or chain. In other words, a blockchain comprises numerous blocks strung together digitally. The blockchain doesn’t incur any transaction cost. It is a simple way of passing information from one source to the other. One source initiates the process of a transaction by creating a block that is verified by millions of computers across the net. The verified block added to the database or chain, creating a unique record.
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Through cryptocurrencies, the idea is to have a currency system in which everyone can be treated equally without having a governing body that can determine the value of a currency based on a whim.
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"What is Blockchain technology?." Skillioma Content [Online]. Available: https://content.skillioma.com/what-is-blockchain-technology/. [Accessed: September 22, 2025]
Power Words:
- Encompass
- Laundering
- Evolved
- Redeem
- Array
- Peer
- Entity
- Database
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