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Blockchain: what it is, how it works and its main applications
AR💻 Technology10 hr. ago

Blockchain: what it is, how it works and its main applications

The article explains the concept of blockchain technology, tracing its origins to the 2008 financial crisis and hyperinflation in Argentina, which led to skepticism toward traditional institutions. It highlights Bitcoin as the first major application of blockchain, describing it as a decentralized network where transactions are validated by a distributed set of computers rather than centralized authorities. The piece discusses how blockchain operates through a shared, immutable ledger and emphasizes its potential to disrupt traditional financial systems by eliminating intermediaries. It also mentions Ethereum as a more advanced blockchain platform that supports applications like DeFi and NFTs.

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La Nación logoLa NaciónIndependent🔒Center10 hr. ago
Blockchain: what it is, how it works and its main applications

The article explains the concept of blockchain technology, tracing its origins to the 2008 financial crisis and hyperinflation in Argentina, which led to skepticism toward traditional institutions. It highlights Bitcoin as the first major application of blockchain, describing it as a decentralized network where transactions are validated by a distributed set of computers rather than centralized authorities. The piece discusses how blockchain operates through a shared, immutable ledger and emphasizes its potential to disrupt traditional financial systems by eliminating intermediaries. It also mentions Ethereum as a more advanced blockchain platform that supports applications like DeFi and NFTs.

Bias read (Center): The article presents blockchain technology as a neutral innovation with potential applications across various sectors, including finance and art. It does not take a clear ideological stance but focuses on explaining the technical aspects and historical context of blockchain. While it references the

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