what does blockchain do

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Blockchain is a distributed ledger that records all transactions in a peer to peer network. This technology allows participants to confirm transactions without the need of a central clearing authority. There are many potential applications, including fund transfers, settling trades and voting.

 

What is blockchain used for?

Blockchain is a distributed, decentralized and public digital ledger that records transactions across multiple computers. Each block can be modified retroactively without affecting any subsequent blocks.

 

What is blockchain and how it works?

Blockchain A system that records information in a way that makes it hard or impossible to alter, hack, or cheat. The blockchain is basically a digital ledger that records transactions and is distributed throughout the entire network.

 

What is the biggest blockchain company?

Founded in 1911, IBM is a cloud platform and cognitive solutions company — it’s also the largest company in the world embracing blockchain. IBM has helped over 220 businesses create applications and data governance software that use blockchain.

 

Who uses blockchain today?

IBM is one company that has made it a priority to incorporate blockchain into its future business model. How Microsoft is using blockchain: Microsoft’s Azure platform helps to establish blockchain in companies from a wide range of industries.

 

 

 

 

 

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