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