Blockchain technology is a distributed ledger system that enables secure and transparent record-keeping of transactions across multiple parties. In academia, blockchain is studied within the fields of computer science, cryptography, and distributed systems. Researchers investigate the principles of blockchain, including its decentralized architecture, consensus mechanisms, and cryptographic algorithms. Blockchain applications extend beyond cryptocurrencies like Bitcoin to various industries, including finance, supply chain management, and healthcare. By leveraging blockchain technology, organizations can improve data integrity, enhance trust among stakeholders, and streamline business processes. Academic studies on blockchain also explore its scalability, privacy features, and regulatory implications.
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