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BLOCKCHAIN
Blockchain refers to the system of recording information which makes it difficult or impossible
to change, hack, or cheat the system. Every business runs on information and blockchain is a
shared ledger on which you can record the transactions and track assets (tangible or intangible)
in a business network. Tangible assets include houses, cars, cash, lands, etc. and non-tangible
assets include intellectual property, patents, copyrights, branding, etc.
It is a digital ledger of transactions that is duplicated and distributed across the entire network
of computers on the blockchain. Each block in a chain may contain the record of the number of
transactions made and the occurrence of new transactions. This record of every transaction is
updated and added to the participant’s ledger. Anything that carries value can be recorded and
tracked and can be traded on a blockchain network.
RPA (ROBOTIC PROCESS AUTOMATION)
Most of the jobs in any industry consist of the tasks that are repetitive in nature and can be
automated. Robotic Process Automation (RPA) allows organisations to automate tasks which
human beings were doing across any applications and systems. The purpose of RPA is to transfer
the execution of the process from humans to robots. Robotic automation uses the existing IT
structure without using any complex system integrations.
Robotic Process Automation
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