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    China 01-15 12:26
    News Distributed Ledger Technology

    Blockchains are a subcategory of distributed ledger technology. The key difference between a blockchain and the transaction records of the past is that blockchains are applied uses of distributed ledgers. Where a standard ledger exists on one computer or server, a distributed ledger exists and is updated simultaneously on every computer in the network. A blockchain is, therefore, a type of decentralized ledger, which operates on a peer-to-peer network.

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    Karlsson1
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