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blockchain ledger technology

Block, Blockchain and Distributed Ledger Technology


What is a ledger? In layman’s term, ledger is a set of records that helps keep track of all business financial activities in an Organization. In other words, Ledger is a database where confirmed and validated transactions are recorded. E.g. When Alex sends US $4 to Bob, it passes through central system like bank and bank records these transactions in centralized database called ledger of the bank. What is Distributed Ledger Technology? Distributed ledger, as defined...

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basics of blockchain

Basics of Blockchain and cryptocurrency


The world is experiencing the wave of digital disruption which is reforming the tech world with the impacts of new technologies and Blockchain is being one of them. It is being adopted by many esteemed Custom blockchain software development companies for their future growth. Let us understand blockchain, bitcoin, cryptocurrency in detail. Bitcoin and cryptocurrency A cryptocurrency is a medium of exchange, which is digital and uses encryption techniques to control the...

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Blockchain Technology

How does Blockchain Technology work?


The Blockchain is one of the new edge-cutting innovations by Blockchain development company which brought uniqueness crosswise over businesses. This innovation enables distributed exchanges where at least two individuals need to have a common record. It records secure online exchanges through a mutual and ceaselessly accommodated database. What makes blockchains exceptional is that as opposed to being controlled by a solitary association (like Google or Amazon) they are managed by a distributed...

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