What are the functions of Blockchain Technology?

Blockchain technology is a distributed, decentralized ledger system that enables secure and transparent transactions without the need for intermediaries like banks or governments. Some of the key functions of blockchain technology include: Record-keeping: The most basic function of blockchain technology is to record and store data. The blockchain ledger is distributed across a network of computers, making it difficult…

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An Introduction To Blockchain In Accounting And Auditing

In today’s rapidly changing world, it is important to keep your information up to date and accurate. One way to do this is by using blockchain technology, a revolutionary method of maintaining a centralized database of transaction data. Here is what you need to know about blockchain in accounting and auditing. What is Blockchain in Accounting and Auditing? Blockchain…

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