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Management Information System05 marksBlockchain technology and distributed ledgers

Explain blockchain technology. How does blockchain work?

Explain blockchain technology. How does blockchain work? [5]

Blockchain is a distributed ledger technology that maintains a continuously growing list of records called "blocks." Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. This creates an immutable chain of blocks that is shared across a peer-to-peer ne...

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