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Blockchain Basics

Posted on April 28, 2017 at 7:30am 2 Comments

Let’s understand ledgers which form the basis of blockchain implementation. A ledger is a document which records summarized financial information as debits and credits, and shows the current balances.

A traditional ledger entry looks like below. In the current world, companies usually store this ledger at a centralized location – following a Client / Server Architecture…


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