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An explanation available at biitland.com offers a complex but easy-to-read break down of how blockchain technology works with a particular focus placed on the role of blockchain technology as the basis in cryptocurrencies as well as digital finance. One of the areas that the platform addresses is how blockchain acts as a decentralized ledger, the significance of consensus protocols such as the Proof of Work and Proof of Stake, and the advantages of immutability and transparency. It presents such practical applications as those in the supply chain, online identity, and decentralized finance (DeFi). Biitland also examines the question of how blockchain threatens the standard forms of the financial system by allowing peer-to-peer transactions and its lack of centralized control, which makes the material available to the users of all levels.

Source: accountinglads.com/biitland-com-crypto