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Introduction In recent times, distributed ledger technology has become a groundbreaking tool for industries worldwide. advanced technology underpins the ever-popular digital currencies, but its applications expand far beyond the world of finance. Understanding the relevance of blockchain is vital as companies endeavor to enhance their effectiveness and safeguarding in a rapidly-changing environment. The Fundamental Principles of Blockchain Technology DLT operates on a open ledger, which is fundamentally a decentralized database that maintains a ever-expanding