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Introduction In recent times, blockchain technology has become a groundbreaking tool for sectors worldwide. The innovative technology underpins the ever-popular digital currencies, but its applications expand far beyond the world of finance. Understanding of blockchain is crucial as businesses strive to enhance their efficiency and safeguarding in a dynamic environment. The Fundamental Principles of Blockchain Technology Blockchain operates on a open ledger, which is fundamentally a distributed database that maintains a continuously-growing list of records, ref
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