Blockchain Technology: Its Applications and Impact on Various Industries

  Distributed Ledger systems such as Blockchain gained mainstream recognition after serving as the underlying technology behind cryptocurrencies. Today, multiple industries are embracing the variety of applications that implement Blockchain technology.   There is a growing demand for services today that embrace transparency and data security. A distributed ledger technology provides a way to record and transfer data that are not only safe and transparent but also auditable and resistant to change. The key behind this is to have an open and decentralized system, where transactions between two parties can…

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