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All transactions are recorded on line in the electronic database identified as a blockchain that employs strong a person-way encryption to ensure safety and evidence of possession.
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Blockchains are exclusive in that, as soon as a transaction has been recorded and confirmed, it may?�t be changed. The ledger only permits one-way facts modification.
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A blockchain is usually a dispersed general public ledger ??or online electronic databases ??which contains a history of many of the transactions with a System.