Blockchain technology are in commonly used in this dispensation. The thing that sets blockchain solutions apart from conventional record-keeping solutions is simply the ability to share different versions of the same data to multiple parties.
Blockchain is known to buildup trust, security, transparency, and the traceability of data shared across a business network. It also minimize cost with new efficiencies.
It is simply known to be distributed ledger technology that helps in the storage of information in the form of blocks and no one can change or add the data.
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What sets blockchain solutions apart from conventional record-keeping solutions?
the ability for multiple parties to be certain they are using the same data
the ability to share different versions of the same data to multiple parties
a focus and priority on bitcoin and cryptocurrency
a system that maintains rigor and complexity
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