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Blockchain is an emerging technology with a growing number of applications across many industries. Understanding how blockchain technology can be implemented and utilized successfully requires understanding the fundamentals of the technology, its applications, its limitations, and what research and investment are still required to take it to its full potential. Some government organizations have already begun investing in this technology. Improvements to blockchain research and development, the datafication of available information, and the utilization of versatile and customizable solutions will help expand the technology’s applications for more organizations and agencies.
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