Which technology is known for its decentralized and secure record-keeping properties? 🔊
The technology known for its decentralized and secure record-keeping properties is blockchain. This distributed ledger technology allows multiple parties to maintain a secure and transparent record of transactions without the need for a central authority. Each block in a blockchain contains a cryptographic hash of the previous block, ensuring data integrity and preventing alterations. Blockchain's properties make it suitable for applications beyond cryptocurrencies, such as supply chain management, voting systems, and secure contracts, promoting trust and accountability.
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