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Blockchain at work
Finance and fintech sector is the most influenced by distributed ledger technology
These blocks are linked together by cryptography magic, and data can be stored on these blocks. This explains why the finance and fintech sector is the most influenced by distributed ledger technology
Blockchain explained
With this distributed ledger technology at work, this won’t be the case.
Simply speaking, it is a ledger that is transparent and controlled by a decentralized network. For instance, a set of data released by a centralized organization can be tampered with as per convenience.
Why Blockchain?
First introduced by Satoshi Nakamoto in 2008, Bitcoin disrupted the financial institutions
Because it embodies one very important function – decentralization. Blockchain applications do allow individuals or entities to make transactions without the middleman, for example, the bank.
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