Is blockchain just a trend?

Blockchain is one of the most exciting tech trends at the moment . It is a distributed, encrypted database model that has the potential to solve many problems around online trust and security. Many people know it as the technology that underpins Bitcoin and cryptocurrencies in general.

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What is blockchain best used for?

Different types of information can be stored on a blockchain, but the most common use so far has been as a ledger for transactions . In Bitcoin’s case, blockchain is used in a decentralized way so that no single person or group has control—rather, all users collectively retain control.

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