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Introduction In today's rapidly-expanding digital landscape, distributed ledger systems is emerging as a transformative force. Initially designed to support cryptocurrencies like Bitcoin, this technology has extended its uses across varied industries, demonstrating its relevance in enhancing operations and guaranteeing transparency. This article examines the essential concepts of decentralized technology and provides understanding into its potentials. Body Content 1. What is Blockchain Technology? At its core, distributed ledger technology is a method of recording