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This is a software ecosystem where everything is interconnected through the Internet, exchanges with one another through smart contracts, and the information stored on the blockchain is absolutely safe.
In the future, when the regulatory system and blockchain technology become well-established, it will be feasible to verify property ownership on blockchain.
Blockchain technology by nature is meant to prevent unauthorized modifications and limit changes. By applying the technology in traceability of goods, we can receive an incredible outcome that is both transparent and reliable.
E-commerce exchanges if based on the smart contract will faster and cheaper by cutting down unnecessary procedures and fees from intermediate. Important data, as well as personal information, will be encrypted then stored inside the Blockchain
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