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The potential of blockchain technology is often compared to that of the Internet in the early 1990s. Just as the Internet disrupted traditional businesses and transformed entire industries, blockchain is expected to do the same. However, one key difference between the two technologies is security. While the Internet is inherently insecure, blockchain is designed to … Read more

1. Blockchain can be used to create a secure, tamper-proof record of data. This could be used to store information such as medical records or voting results. 2. Blockchain could also be used to create digital contracts that are automatically enforced. This would eliminate the need for third-party intermediaries (such as banks or lawyers) to … Read more