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All transactions are recorded on line within a electronic database known as a blockchain that makes use of powerful a person-way encryption to guarantee security and evidence of ownership.
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Blockchains are unique in that, at the time a transaction has long been recorded and verified, it could?�t be changed. The ledger only permits 1-way data modification.
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A blockchain is a distributed public ledger ??or on-line digital database ??which contains a history of every one of the transactions on a platform.