Blockchain

A blockchain is a database that is shared across a network of computers. Once a record has been added to the chain it is very difficult to change.
To ensure all the copies of the database are the same, the network makes constant checks.
Blocks hold batches of valid transactions that are hashed and encoded into a Merkle tree. Each block includes the cryptographic hash of the prior block in the blockchain, linking the two.
The linked blocks form a chain.With a blockchain, many people can write entries into a record of information, and a community of users can control how the record of information is amended and updated.
This creates a decentralized distribution chain that gives everyone access to the document at the same time.
No one is locked out awaiting changes from another party, while all modifications to the doc are being recorded in real-time, making changes completely transparent.

Blockchain

CONTACT US