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Introduction In recent years, blockchain technology has become a groundbreaking tool for sectors worldwide. The innovative technology underpins the ever-popular cryptocurrencies, but its impact expand far beyond the world of monetary systems. Understanding the relevance of DLT is vital as businesses endeavor to enhance their effectiveness and security in a rapidly-changing environment. The Fundamental Principles of Blockchain Technology DLT operates on a open ledger, which is essentially a distributed database that maintains a ever-expa