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BLOCKCHAINS

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What are Blockchains?

B l o ck ch a i n i s a s y s t e m t h at a l l ow s a g r o u p o f
connected computers to maintain a single
u p d at e d a n d s e c u r e l e d g e r w h i ch i s u p d at e d o n l y
a f t e r a l l t h e n o d e s i n t h e n e t wo r k a u t h e n t i c at e
the transaction

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What does a Blockchain do?

A blockchain platfor m is a shared digital ledger that

allows user s to recor d transactions and share
i n f o r m a t i o n s e c u r e l y. I t a l s o f a c i l i t a t e s t h e p r o c e s s o f
recor ding transactions and tracking assets in a
business networ k .

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What are Digital Ledgers?

• A “digital ledger” is a digital system for recording the

transaction of assets in which the transactions and their
details are recorded in multiple places at the same
time. Unlike traditional databases, distributed ledgers
have no central data store.

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Where are Blockchains implemented?

Cryptocurrencies

Supply chain

Logistics

Intellectual property management

Food safety

Healthcare data management

Voting etc.

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Thank You