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According to The Business Research Company’s research on the blockchain distributed ledger market, an increase in investments in private blockchain distributed ledger technology across the globe is expected to propel the growth of the blockchain distributed ledger market going forward. A blockchain distributed ledger is a digital ledger database of all transactions used in financial services spread across numerous nodes, computers, organizations, or nations and is accessible and controlled by one or more businesses all over the world. The private blockchain distributed ledger technology offers advantages such as permission blockchain access, full privacy for data transactions, centralised process, less energy, reduced transaction costs, and data redundancies, simplified document

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