Have you ever heard of the term ‘blockchain’ but weren’t quite sure what it meant?Well, to put it simply, a blockchain is a decentralised database that stores a list of records, called blocks, which are secured and connected using cryptography….
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People often hail blockchain technology as the backbone of the digital economy, but do you really understand what makes it tick? The concept of blockchain can be complex and confusing for those who are not familiar with its inner workings….
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When most people think of type of blockchain, they likely think of public blockchains like Bitcoin or other cryptocurrencies. However, blockchain technology has the potential to revolutionize industries beyond just finance. People consider the ability to customize blockchain technology to…
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From Bitcoin to Beyond: The History of Blockchain
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The history of blockchain technology dates back to the early 1990s when researchers Stuart Haber and W. Scott Stornetta developed a system for time-stamping digital documents to prevent tampering. However, the concept of blockchain technology as we know it today…
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What is Blockchain?
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Blockchain technology is a distributed database that enables safe and transparent data storage and transfer. Several blocks make up the blockchain, with each block containing a list of transactions. The addition of a new transaction results in the addition of…