Blockchain is a decentralized digital ledger that allows for secure and transparent storage and transfer of data. The technology was originally created to support the cryptocurrency Bitcoin, but has since found many other applications in various industries.

A blockchain is essentially a database that stores information in a series of blocks that are linked together using cryptography, forming a chain. Each block contains a record of transactions, which are validated by a network of users, rather than a central authority. This decentralized validation process makes it extremely difficult for anyone to alter the data stored on the blockchain.

Because of its security and transparency, blockchain technology has been applied to a wide range of industries, including finance, healthcare, supply chain management, and more. It allows for secure and efficient data sharing, eliminates the need for intermediaries, and increases trust between parties.

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