What Does Blockchain Mean?

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What does Blockchain mean? Read on to discover the definition & meaning of the term Blockchain - to help you better understand the language used in insurance policies.

Blockchain

Blockchain

Blockchain is a record of transactions based on digital currency. It is managed by a community, rather than a single entity. It is currently associated with the Bitcoin network but other developers have become interested in using it.

We hope the you have a better understanding of the meaning of Blockchain.

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