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Introduction In the era of digital transformation, understanding blockchain technology is important for organizations as well. This revolutionary technology is altering the way we conduct financial transactions and data sharing. Body Content Understanding Blockchain Technology Fundamentally, blockchain is a decentralized ledger that allows secure, clear, and unchangeable record-keeping. Each block contains data that is shielded by cryptographic algorithms. Moreover, when data is added, it is irreversible, providing reliability within the network. Applications of Bl