Blockchain Technology and Supply Chain Management
Blockchain

How Blockchain Technology is Revolutionizing the Conventional Supply Chain Management System

Blockchain Technology Once a product exchanges hands, it generates transactional information. Blockchain technology stores and keeps track of the transactional logs by timestamping each transaction and storing them in the transactional ledgers or blocks. These transactional ledgers or blocks are interlocked in a chain and are distributed with each of the parties involved in the…

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what is NFT and blockchain
Blockchain

Blockchain and Its Role in NFT

Blockchain is an innovative technology that was first introduced in 2009 when Bitcoin cryptocurrency appeared in the market. Blockchain works in two ways. Firstly, it works as a distributed network of the digital ledger, and secondly, it is a secure system that makes safely transfer of digital ownership of assets from one hand to the…

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blockchain
Blockchain

What is the Blockchain Technology?

We often hear the term “Blockchain.” However, most of us don’t know the real meaning behind this term. Blockchain is the computing and IT-related technology where typically, the accounting and transactional ledgers are interlinked. These transactional ledgers are sometimes called blocks, and the interlinking of these transactional ledgers is called a blockchain. For instance, once…

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