The main purpose of blockchain technology is to provide a secure, transparent, and decentralized way to record and verify transactions without the need for a central authority. It ensures data integrity through cryptographic techniques and a distributed ledger system, making it ideal for applications like cryptocurrencies, supply chain tracking, and smart contracts.
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The main purpose of blockchain technology is to provide a secure, transparent, and decentralized way to record and verify transactions without the need for a central authority. It ensures data integrity through cryptographic techniques and a distributed ledger system, making it ideal for applications like cryptocurrencies, supply chain tracking, and smart contracts.