What is Blockchain? (Explain Blockchain so that an average person on the street or a 10-year old can understand what it is, and how it works.

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The paper should cover the following two questions:
a) What is Blockchain? (Explain Blockchain so that an average person on the street or a 10-year old can understand what it is, and how it works.)
b) Choose any business or industry. Explain how Blockchain can beneficially be used in business for that industry

 

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