Introduction: Blockchain technology stands out as a game-changing innovation with the potential to transform numerous industries by offering a secure and transparent method for recording and verifying transactions. Initially designed as the foundational technology for cryptocurrencies like Bitcoin , blockchain has undergone further development and has now found applications in a wide range of sectors, including finance, supply chain management, healthcare, and beyond. This article aims to answer the question, "What is blockchain technology?" shedding light on its workings and examining its far-reaching implications for the future. The following sections will delve into the details of blockchain and its significance in various industries, exploring how this innovative technology is transforming traditional systems and fostering new possibilities for secure and transparent transactions. So, What is Blockchain Technology? At its essence, a blockchain is like a digit...
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