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Blockchain technology provides transparency, as anyone can view the entire transaction history. This transparency also helps in reducing fraud and corruption, as all transactions are recorded and visible to the network. Blockchain has the potential to revolutionize industries beyond finance, such as supply chain management, healthcare, and voting systems. In supply chain management, blockchain can provide an immutable record of a product's journey, ensuring authenticity and preventing counterfeiting. 14. Blockchain can improve the efficiency of healthcare systems by securely storing and sharing patient data across healthcare providers. 15. Voting systems based on blockchain can enhance transparency and eliminate voter fraud. 16. Blockchain technology has the potential to empower individuals in developing countries who lack access to traditional banking services. 17. The use of blockchain can enhance cybersecurity by providing a tamper-proof and decentralized infrastructure. 18. Blockchain-based crowdfunding, known as Initial Coin Offerings (ICOs), has emerged as an alternative to traditional fundraising methods. 19. The decentralized nature of blockchain makes it resistant to censorship and government control.

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