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Introduction In recent times, blockchain technology has become a groundbreaking tool for industries worldwide. This advanced technology underpins the ever-popular digital currencies, but its impact reach far beyond the world of monetary systems. Understanding the importance of blockchain is crucial as businesses endeavor to boost their efficiency and security in a rapidly-changing environment. The Fundamental Principles of Blockchain Technology Blockchain operates on a open ledger, which is fundamentally a distributed database that maintains a continuously-growing

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