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Just like IoT, AI and VR have taken the industry by storm. Blockchain has also proved to be a revolutionary technology. While blockchain has passed its infancy stage, it still seems intimidating to many. Initially invented to power cryptocurrency, its enormous benefits in various other industries are being unveiled with time. If you don't understand what blockchain is, here's a little brief about it. What is Blockchain? It is a digital method of recording digital transactions of the users in multiple systems for decentralized storage of data. Each and every request made for a transaction submitted to the platform is broadcast through a peer-to-peer network to all the individual systems for validation as well as approval. The approved transaction is called a block and the block is added to a chain of previous blocks in order to complete the transaction. Currently, there are more than 24 million blockchain wallet users in....
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