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Introduction In recent times, blockchain technology has become a groundbreaking tool for industries worldwide. The innovative technology underpins the ever-popular digital currencies, but its impact reach far outside the world of finance. Understanding of DLT is crucial as businesses endeavor to enhance their efficiency and safeguarding in a rapidly-changing environment. The Fundamental Principles of Blockchain Technology Blockchain operates on a public ledger, which is fundamentally a decentralized database that maintains a continuously-g