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1. Blockchain is a revolutionary technology that allows for the secure and transparent transfer of digital assets. 2. It operates as a decentralized and distributed ledger, recording transactions across multiple computers in a network. 3. Each transaction on the blockchain is verified by multiple participants in the network, ensuring its validity. 4. Once a transaction is validated, it is added to a block and linked to previous blocks, creating an immutable chain of information. 5. Blockchain is most commonly associated with cryptocurrencies like Bitcoin, which use the technology for secure and decentralized transactions. 6. However, blockchain has applications beyond finance and can be utilized in various industries.

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