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Payments in Blockchain
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What is “Payments in Blockchain”?
Payment in blockchain is one of the most prominent applications of blockchain. Blockchain helps to increase the security, transparency, and efficiency in the process of payment.
Unlike traditional payment systems, blockchain adopts a decentralized way of payment process through Distributed ledger technology (DTC). DTC ensures that all the transactions are recorded which removes any third party this not only ensures that there is security and the threat of cyberattacks is almost negligible but also that …
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