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What is the main purpose of blockchain?

11 Oct 2022 By PAYCEC

There are many purposes that blockchain is used for. For example, blockchain 1.0 is a cryptocurrency that is utilized for investment, transfer globally, trading, or purchasing items online. Blockchain 2.0 is applied in financial services that offer smart digital contracts for banks, or service providers by generating online following the set-up policies. Finally, blockchain 3.0 is created for integration in education management systems, healthcare data systems, or monitoring programs.

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