In simple terms, they are rendering traditional intermediaries, such as banks or notaries, obsolete. Though blockchains and cryptocurrencies are often mentioned in the same breath, the former can also be used in combination with other applications, payment providers, social networks, etc. Ready to discover the enormous potential of blockchain?
A blockchain is a kind of database in which transactions are stored securely, with no possibility of deleting or modifying them.Everything must always be signed digitally by all parties involved, without the intervention of any third party.
This is not only for payments using cryptocurrency, but also the exchange of important documents.
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