Blockchain technology (Computers - Software)

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Item ID 2746875 in Category: Computers - Software

Blockchain technology


The security and trustworthiness of blockchain technology are established through consensus mechanisms, such as proof of work (PoW) or proof of stake (PoS). These mechanisms ensure that transactions are transparent, tamper-proof, and resistant to fraud. Blockchain technology is most famously associated with cryptocurrencies like Bitcoin, but its applications extend far beyond digital currencies. It can be used for supply chain management, smart contracts, voting systems, and more, enhancing transparency and reducing the need for intermediaries in various industries.

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Target State: All States
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Last Update : 02 November 2023 7:00 PM
Number of Views: 53
Item  Owner  : softtask
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2024-05-04 (0.398 sec)