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ARTICLE · 21 AUGUST 2017

Block Chain In Real Estate

Since demonetization, a lot of people and industries had suffered; however, there were certain businesses, which benefitted to a great extent.

IndiaReal Estate and Construction

Since demonetization, a lot of people and industries had suffered; however, there were certain businesses, which benefitted to a great extent. Out of all these, certain businesses that benefitted were e-wallets such as 'Paytm'. Along with the gain in their popularity, the popularity of virtual currency such as Bitcoin, Ethereum and the like, is also gaining momentum, which quite a few people have heard of, but not many understand it much.

Such virtual currencies are based on a technology by the name of Block Chain.

Block Chain technology is basically an electronic ledger in which each and every transaction gets recorded. In short, it's a chain of events that you can get for a particular thing that it has been linked to.

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