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Uses Of Blockchain by MantheDude: 11:23pm On Sep 19, 2022 |
The basic understanding of the blockchain needs to be gotten for a better understanding of what the blockchain is used for. In a basic language, the blockchain is like a record book, used to record cryptocurrency transactions and information, better called a ledger. The Blockchain is a technology for storing data in a way that makes, hacking and cheating difficult or impossible. A blockchain is simply a network of computer systems that maintains duplicate copies of all transactions in a digital ledger that is disseminated throughout the network for everyone to see. It was created to solve transparency issues, and can by used for the following; 1. Payment processing and money transfers 2. Retail loyalty rewards programs 3. Can be used in the hospitals to store patients' data 4. Digital IDs 5. Data sharing 6. Digital voting 7. Real estate, land, and auto title transfers and lots more There are blogs that teach about these topics
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Re: Uses Of Blockchain by paradiseVirgin: 11:31pm On Sep 19, 2022 |
MantheDude: Block chain technology is used for tracking Rozross and Fati2001 anytime they both change to alternate accounts like Rozross:: Zzor and Iyaebe Fati2001:: Jeon and choilila 1 Like |
Re: Uses Of Blockchain by Jeon(f): 6:08am On Sep 20, 2022 |
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Re: Uses Of Blockchain by Nobody: 8:39am On Sep 20, 2022 |
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Re: Uses Of Blockchain by Nobody: 10:14am On Sep 20, 2022 |
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Re: Uses Of Blockchain by Xenisha: 2:38pm On Nov 16, 2022 |
I think each of us has used blockchain at least once in our lives and it’s no secret to anyone that for proper use it’s worth being more recognized in various fields, for example Blockchain is becoming a real threat to a lot of businesses with Blockchain development, you can check and try. People are so excited about this new technology that IBM, the tech company, has spent more than $200 million researching it. In addition, more than 90% of European and US banks are looking into how blockchain could work for them. The technology could change the government, finance, insurance, personal identity security, and many other fields. |
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