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Blockchain In 7 Minutes - What Is Blockchain - Blockchain Explained-How Blockchain Works-SimplilearnBitcoin, Ethereum, and other wide-scale cryptocurrency coins use blockchain to process and record transactions securely. This technology makes. There are more than 23, cryptocurrencies, according to CoinMarketCap. That's a far cry from a decade ago, when there were just seven. A digital coin is created on its own blockchain and acts in much the same way as traditional money. It can be used to store value and as a means of exchange.
