Blockchain explained in 30 seconds #finance #business #crypto #blockchain #cryptocurrency

Blockchain is a digital ledger that records transactions and stores them in a secure and transparent way.

When a transaction is made, it is verified by multiple computers in the network instead of just a single entity. Once transactions are approved, it gets added to the ledger

Nobody can tamper with the information and every transaction is transparent and traceable. This eliminates the need for intermediaries like banks, making transactions fast, secure and cheap.

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This enables blockchain technology to revolutionize many other industries, including healthcare, supply chain management, and even voting systems.
#finance #business #crypto #news #cryptocurrency