Blockchain is a decentralized digital ledger that records transactions across multiple computers securely and transparently. Each block contains a list of transactions and is linked to the previous block, forming a chain. This technology is the foundation of cryptocurrencies like Bitcoin and Ethereum, but it also has applications in supply chain management, voting systems, and digital identity verification. Blockchain increases trust, reduces fraud, and enables peer-to-peer transactions without the need for intermediaries.
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