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What is blockchain and who owns the blockchain app?

What is blockchain and who owns the blockchain app?

Information is essential to business. The faster and more precise it is received, the better. Blockchain is the best technology for delivering that information because it offers instant, shareable, and fully transparent data that is recorded on an immutable ledger and accessible only by members of a permissioned network.

Blockchain is a decentralised, immutable database that makes tracking assets and recording transactions in a corporate network easier. An asset may be physical (such as a home, car, money, or land) or intangible (intellectual property, patents, copyrights, branding). In a blockchain network, practically anything of value may be recorded and traded, lowering risk and increasing efficiency for all parties.

Simply, everyone owns blockchain technology, even though no one owns it. This is one of the distinguishing characteristics of blockchain technology, and because of the shared accountability and ownership, blockchains are extremely safe and immutable.

By |2023-03-21T14:23:02+05:30March 21st, 2023||Comments Off on What is blockchain and who owns the blockchain app?

About the Author:

Shipra Garg is a tech-focused content strategist and copywriter specializing in Web3, blockchain, and artificial intelligence. She has worked with startups and enterprise teams to craft high-conversion content that bridges deep tech with business impact. Her work translates complex innovations into clear, credible, and engaging narratives that drive growth and build trust in emerging tech markets.

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