Network technology

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I.T.

Consensus is a fundamental concept in blockchain technology that ensures agreement and validity among participants in a decentralized network. Consensus algorithms play a crucial role in achieving consensus in blockchain networks by determining how transactions are validated and added to the blockchain.

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Industries shut down their production networks, resulting in the breakdown of entire value chains. Lessened supply and demand significantly decreased production volumes or stopped operations entirely. Businesses had to quickly adopt digital transformation and technological innovation to ensure business continuity.