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All about Blockchain - Simply ExplainedIn short, blockchain is a public ledger capable of recording the origin, movement and transfer of anything of value. Instead of relying on a central authority. A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a. Blockchain technology uses a distributed, decentralized, and publicly available ledger that provides unparalleled traceability. Complex.