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For College Students
    Overview
    Here’s how it works:
    • When you make a transaction, it is first verified by a network of computers.
    • Once verified, blocks store transaction details- like date, time, and amount along with participants of the transaction. Your real name is not stored. Instead, a digital signature is stored.
    • Each block has a unique code called ‘hash’ assigned to it to distinguish it from other blocks. Once hashed, the block is added to the chain. A block can store 1 MB of data.
    Since Blockchain is a relatively new field with little formal educational resources present, you will need to be patient and understand that it might take you some time. However, there are plenty of dedicated online communities and so, you aren’t completely helpless either. Begin with these steps:

    • Read about Bitcoin since it is one of the most elegant applications of Blockchain.
    • Learn how exchanges work and familiarize yourself with wallets.
    • Get coding in a Blockchain-friendly language like C++, C#, Javascript, etc.
    • Get to know about smart contracts.
    • Be part of a Blockchain community to stay up-to-date!

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    Overview
    Below listed are 5 revolutionary uses of Blockchain:
    • Banks- transactions can reflect in as little as 10 minutes. Secure funds exchange.
    • Cryptocurrency- allows cryptocurrencies to operate without the need for a central, governing authority.
    • Healthcare- enables the secure storage of patient records with a private key so that they are accessible only to select individuals.
    • Property records- property ownership records can be verified and stored.
    • Smart contracts- computer codes that can act as a mediator in a contract agreement.

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