A blockchain is usually a distributed public ledger ??or on-line electronic database ??that contains a history of many of the transactions with a System.
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Blockchains are one of a kind in that, the moment a transaction has become recorded and confirmed, it could?�t be transformed. The ledger only permits one-way info modification.
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SEC Chair Emilio Aquino emphasised the probable menace to investors' stability posed by continued usage of copyright's platform. Even with copyright's significant presence and exercise while in the Philippines, the SEC aims to provide buyers with sufficient time to transition their investments to authorized platforms.
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For instance, if you purchase a copyright, the blockchain for that electronic asset will without end show you as the operator Unless of course you initiate a offer transaction. No one can go back and alter that proof of ownership.
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In addition, the SEC has collaborated with key tech firms like Google and Meta to halt copyright's electronic promoting initiatives targeting Filipino customers, although the copyright application stays accessible for obtain on mainstream app shops.[133]
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