What is the blockchain? The best explanation of blockchain Technology

in #blockchain6 years ago

Many people think of blockchain is the technology that how does Bitcoin work this was its original purpose blockchain is capable of so much more despite the sound of the world is not just one blockchain blockchain is shorthand for so sweet and distributed ledger technology that can be programmed to record and track anything a value from financial transactions recorded it might be thinking we already have to try Technologies information if you make a change to the information don't change stock exchange to my date and time what's it was a dispute between An Autobiography of a few on same piece of land between in the famous five years because blockchain Technology useful item and it is an entry in the letter showing that Adam first on the property in 1901 item sold the property to Dewa 19 February a new entry was made in the letter and Siwan every change the ownership of this property is represented by new entry in the letter writing to invite from their father in 2007 and is the current owner and we can see that history in the letter now you think the age of decentralized distributed across a network of computers decentralizing information to the second factor can you name a few things happen cryptographic creating the computer that shares the solution to all of the Other computers on the network that is to be added to the chain the combination of composites and verification many computers insurance that we can trust each and every block on the train because whenever does the trust building 4S when you have the opportunity to interact directly without data in real time to the surveys and blockchain Technology is such a game changer no more intermediaries currently doing business with one another we don't show the other person of onion for your business records instead we will I interested intermediaries bang full movie review are vectors and keep that information confidential please intermediaries billtrust between the parties and not able to verify for example that yes and is the rightful owner of this land this approach limits exposure and risk rolls at the notice step to the exchangewhat i

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