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Blockchain is like a spreadsheet (a distributed ledger) which is shared with different networks and all those accessing the file have a copy of the original where all the statistics related to the dealings made by people accessing the spreadsheet is stored. People can view deals made by others but they cannot modify it.
The work block is rows and columns of the spreadsheet where it holds the collection of data . There is no central authority manipulating or controlling the flow of figures. All records are secured and cannot be tampered. Such systems can be found in cryptocurrency (like bitcoin UK ) transactions.
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