Blockchain: The Premise
Introduced in 2008, blockchain is a system which records cross-border digital transactions made in bitcoin and other cryptocurrencies across numerous PCs that are connected in a peer-to-peer network. In other words, a blockchain is a fast and secure way to buy and sell digital assets. The best part about a blockchain is that it provides supply chain visibility to suppliers and retailers. Moreover, blockchain systems are decentralized and implemented with open source software, in the sense that no government body regulates them.
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