Over the past few years, the terms blockchain technology and distributed ledger have become entwined. As these two terms have different meanings and different applications, it is necessary to distinguish…
Manufacturing companies today are digitally transforming their processes and are including numerous systems and applications. Moreover, they are also investing to enhance their customer experience. Manufacturing companies are also required…
A distributed ledger, enabling efficient and reliable transactions, agreements, and contracts, that are typically private, secure, and transparent; that’s what the blockchain technology is at its core. Blockchain technology has…
Blockchains make digital records immutable and virtually permanent. It requires a considerable amount of computing power and collusion in order to reverse a transaction and cover one’s tracks. That is…
In principle, a distributed cloud storage system is envisioned where every aspect of cloud storage such as transport, processing, or storage of data is entered into the blockchain. After this,…
An internal blockchain is a shared database that can help in improving efficiency for any financial institution and a great first step towards a more cryptographic future. The biggest advantage…
The blockchain is a peer to peer distributed ledger technology for a new generation of transactional applications which maintains a continuously growing list of cryptographically secured data records that are…