<ul><li>Blockchain was developed to enhance transparency, security, and trust among people.</li><li>The early history of blockchain dates back to 1982 when David Chaum proposed a blockchain-like protocol, followed by Stuart Haber and W. Scott Stornetta's development of a cryptographically secured chain of blocks in 1991.</li><li>The breakthrough came after the 2008 America's financial crisis when Satoshi Nakamoto released the Bitcoin White Paper in 2009, challenging centralized banking systems and introducing a more secure and transparent data exchange system.</li><li>Blockchain technology evolved further post-2008 crisis, with the launch of Ethereum Frontier Network in 2015 and the emergence of different digital currencies, marking a significant advancement in the field.</li></ul>

Why Blockchain was developed ?

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