A blockchain is a secure distributed database. Cryptocurrencies such as Bitcoin and platforms like Ethereum use it to function. A blockchain provides an ideal way to record and transfer data in a transparent, safe, auditable way that is resistant to power outages. This technology is one that will disrupt many industries in the coming years. We live in a time where the FIAT monetary system and centralized powers have created great hold on the economy. Technologies such as blockchain look to help to make the world a more open, secure place where anyone can participate.
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