Blockchain is a new type of database system. Blockchain is a technique for decentralized digital ledgers. A block of new data cannot be removed without changing all blocks that come after it, making it impossible to tamper with the transaction record.
Clever agreements and decentralized finance (DeFi) are two examples of innovations that have the potential to advance and change supply chain management, finance, and other fields. The data structures created by blockchain technology include built-in security features. Its foundations include consensus, decentralization, and data encryption, all of which promote transaction trust
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