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Applicability Of Blockchain Technology In The Global Logistics Systems

Table 2: Basic properties of blockchain technology (Tijan et al., 2019)

Transparent Decentralized Secure
Distributed ledger: A digital version of a ledger to track and follow data Peer-to-peer concept: Trading takes place directly between the sender and the recipient. Cryptography: In the moment a transaction is approved by the miners, it prevailes in a block, which is embedded into the Blockchain.
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