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How A Blockchain Works

How A Blockchain Works

MarvinCarey
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How A Blockchain Works

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  1. How A Blockchain Works https://industryarmymarketing.com/how-blockchain-works/

  2. The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto.

  3. A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity.

  4. The blockchain is a simple yet ingenious way of passing information from A to B in a fully automated and safe manner.

  5. One party to a transaction initiates the process by creating a block. This block is verified by thousands, perhaps millions of computers distributed around the net.

  6. Given that blockchain now features heavily in any discussion about cybersecurity, it is unsurprising that military organizations across the world are taking an interest. Secure communication is one example of how blockchain military applications are proving their potential.

  7. For more details visit our site: https://industryarmymarketing.com/how-blockchain-works/

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