Definition of «blockchain projects»

Blockchain technology is a decentralized and distributed digital ledger that records transactions across multiple computers. Blockchain projects refer to initiatives or endeavors that utilize this innovative technology in order to develop new applications, platforms, or solutions for various industries such as finance, supply chain management, healthcare, etc. These projects aim at leveraging the unique features of blockchain like transparency, security, and immutability to create more efficient, secure, and transparent systems that can transform how businesses operate.

Phrases with «blockchain projects»

Sentences with «blockchain projects»

  • Given that it's now possible for developers to easily create their own blockchain, we'll most likely see a greater number of blockchain projects appear in the upcoming years. (investinblockchain.com)
  • The expected average investment for blockchain projects in 2017 is $ 1 million dollars, and 69 % of the world's banks are already experimenting with this technology. (disruptordaily.com)
  • This proof of concept has lifted the ICO to become the most popular way to raise funds for blockchain projects with billions raised so far. (howtotoken.com)
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