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Introduction In today's rapidly-expanding digital environment, distributed ledger systems is emerging as a transformative force. Initially designed to support cryptocurrencies like Bitcoin, this technology has expanded its applications across diverse industries, demonstrating its relevance in enhancing operations and guaranteeing transparency. This article examines the essential concepts of decentralized technology and offers understanding into its potentials. Body Content 1. What is Blockchain Technology? At its heart, distributed ledger technology is a system of