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    Hash Function

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    Categories: Blockchain

    A function that is used to map arbitrary data to data of a fixed size. A cryptographic function that confirms transactions on the blockchain by taking transaction input data and producing a unique alphanumeric output string. Each block contains its own hash value, and the hash value of the SHA-256 is the cryptographic hash function used in Bitcoin.

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    Dr Justin Chan founded datadriveninvestor.com, a tech application platform designed to help fund managers, individual investors and data scientists uncover outstanding sources of alpha from data. Previously, he specialized in strategy development in a number of hedge funds and served as a senior quantitative strategist at GMO. An expert in microstructure, market liquidity, and behavioral finance, Dr. Chan holds a doctoral degree from UCLA and served as a finance professor at Singapore Management University. He can be reached at justinchan@datadriveninvestor.com.