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All transactions are recorded on the net in a digital database identified as a blockchain that uses effective just one-way encryption to ensure safety and proof of ownership.
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Blockchains are unique in that, the moment a transaction is recorded and confirmed, it might?�t be altered. The ledger only permits a single-way data modification.
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A blockchain is actually a distributed community ledger ??or online digital database ??which contains a record of all of the transactions on the platform.