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Blockchain is a technology that was first created to aid the use of Bitcoin, a digital currency that has gained significant publicity in recent years. However, once blockchain technology began to take off it soon became clear that the technology can be used for far more than just digital currency transactions.
One of the perks of blockchain is that it creates a reliable and immutable record of transactions, making the entire process a lot more transparent and traceable. Not only is this ideal for fraud prevention, but it also enables organisations to keep a closer check on their operations and improve efficiency levels.
Read the article by Klipspringer here
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