In an increasingly digitalized economy and society, the security and accountability of data transactions are critical elements for creating trust and enabling breakthrough innovations in the digital world. In this regard, blockchain technology could be a game-changer, with the potential to revolutionize processes from finance to pharmaceutical industries, from government public services to humanitarian work and development aid. The blockchain serves as the base technology for cryptocurrency, enabling open (peer-to-peer), secure and fast transactions. The blockchain application has expanded to include various financial transactions (e.g., online payments and exchange platforms), Internet of things (IoT), health systems and supply chains.

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