Phrases with «blockchain applications»

Blockchain applications are software programs that use blockchain technology. Blockchain is like a digital ledger that keeps records of transactions or data. These applications are created to perform different tasks, such as verifying transactions, storing documents securely, or managing supply chains. They use the unique features of blockchain, like transparency and security, to improve and simplify various processes. Full definition

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Sentences with «blockchain applications»

  • There are many opportunities for entrepreneurs to disrupt the financial sector but also other sectors thanks to the potential of blockchain applications in data management and Internet of Things for example. (digitalcurrencycouncil.com)
  • To make it even better, launch an enterprise blockchain tool aimed at speeding up the development of blockchain applications. (kryptomoney.com)
  • Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank. (coindesk.com)
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