Frequently Asked Question

What is blockchain technology?

Last Updated a year ago

Blockchain technology is an innovation in digital currency that stores transaction records as distributed, duplicated records across a network. Unlike traditional internet technology, blockchain ensures that no one party controls or manipulates stored transactions, and records cannot be tampered with or stolen. Every user on the network has matching copies of all transactions, which are constantly compared and updated, making it impossible for a single point of failure. This means that transactions on blockchain networks are secure, transparent, and resistant to manipulation. Learn more about blockchain technology and its benefits by visiting our website.

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