A caveat about this. Any method of storing data could be used by multiple people, as long as they have access/permissions to the data. However, this is one person at a time. Simultaneous changing of the data is not allowed. I believe it's a case of "whoever saves last wins". The program reads the data from the database when you open the file only. All work you do is only affecting the data in your computer's' memory. The data in the database is only updated when you execute a save operation in the program.
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