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All transactions are recorded on-line in the electronic database referred to as a blockchain that uses strong one-way encryption to be sure safety and evidence of possession.
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Blockchains are one of a kind in that, the moment a transaction has become recorded and confirmed, it might?�t be modified. The ledger only permits a single-way data modification.
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A blockchain is usually a dispersed general public ledger ??or online digital databases ??which contains a report of many of the transactions on a System.