What is blockchain technology?
An example of an AI chatbot conversation about blockchain technology and its applications.
Can you explain what blockchain technology is?
Sure! Blockchain technology is a decentralized digital ledger that records transactions across many computers.
How does it ensure security and transparency?
It uses cryptographic techniques to secure data and allows anyone to verify transactions, enhancing transparency.
What are some real-world applications of blockchain?
Blockchain is used in various fields like finance for cryptocurrencies, supply chain management, and even voting systems.
Is blockchain technology the same as cryptocurrency?
Not exactly. Cryptocurrency is a use case of blockchain technology, but blockchain can be used for many other applications.
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