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Understanding Blockchain: The Basics “Blockchain is a distributed ledger technology that enables secure, transparent, and tamper-proof transactions. At its core, blockchain uses blocks of data chained together through cryptographic hashes, ensuring data integrity and trust in decentralized systems.”
Smart Contracts: The Backbone of Blockchain “Smart contracts are self-executing contracts with the terms directly written into code. They run on blockchain networks, like Ethereum, and automatically enforce and execute agreements, eliminating the need for intermediaries.”