Blockchain Technology
Blockchain Definition: Ø A blockchain is a digitized, distributed, consensus-based secure storage of information protected from revision and tampering over the peer-to-peer network. Ø Most often used in association with cryptocurrencies like BitCoin, blockchain is a digital, distributed, public-ledger technology designed to record transactions in a secure, tamper-proof, yet publicly accessible way that resists tampering or modification. Ø Blockchain was first introduced in the white paper for Bitcoin in 2009 by unknown person named as Satoshi Nakamoto. Currently, blockchain is used by multiple organizations to tackle their problems and provide a better solution. What exactly is Blockchain: The blockchain is general terms is defined in following manner: A technology that permits transactions to be recorded permanently. A technology that removes intermediaries and create trust through the algorithm. A technology that cryptographically secure...