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Are you Ready to Study Blockchain?
How to market using blockchain
An Introduction to Blockchain
Blockchain is a technology that creates a permanent, unalterable record of transactions by storing them in blocks. The first blockchain was created for Bitcoin, but the concept has since been applied to other industries including pharmaceuticals and supply chain management.
In this article you’ll learn:
- What blockchain is and how it works
- The benefits of using blockchain for marketing purposes
- How marketers can benefit from using blockchain technology in their businesses today
Blockchain Meets Internet Marketing
The blockchain is a decentralized, distributed ledger which records transactions between two parties in an immutable way. It is a growing list of records (blocks) that are linked and secured using cryptography. Each block contains a cryptographic hash of the previous block, timestamp and transaction data.
The blockchain is a peer-to-peer network, where there is no central administrator or controlling entity. The network consists of many connected computers called nodes that are used to store and process transactions; these nodes share their computing power with each other for free!