UTILITY TOKEN
Utility token is a type of cryptocurrency token that is intended to provide access to a specific product or service within a blockchain ecosystem.
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Blockchain is a distributed digital ledger technology that securely records transactions across a network of computers. It is the backbone of cryptocurrencies like Bitcoin and Ethereum, ensuring data integrity through cryptographic techniques. Traders use blockchain to track asset ownership, verify transactions, and facilitate smart contracts in decentralized finance (DeFi). Blockchain’s transparency, security, and immutability make it a valuable tool for trading in various markets, including cryptocurrencies and commodities.