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The blockchain is certainly considered as the future of technology. It is a digital system that works without a central server or administrator that powers cryptocurrency networks and other transactions and capable of doing much more than that. It has no border or restrictions and allows data to flow freely from one point to another. Due to the lesser number of administrative entities, it has lesser transaction fees. It gives users absolute freedom over their data, activities and as a result they can truly democratize the internet. It builds more transparent and open portals because it is totally open to the public.