Best Blockchain Solutions
Matching meaningful Blockchain solutions for Businesses
Doing things faster, cheaper, more secure and trustworthy with Blockchain
Chinese president Xi Jinping calls Blockchain a “Breakthrough Technology” (CNBC May 2018).
The next step of the internet has arrived. During the next few years we will witness a complete overhaul in our digital world about how data and information on the internet is recorded, organised and run. Internet 2.0 has already arrived and the backbone technology behind this new era is BlockchainTechnology.
Blockchain = P2P Network + PKI + Crypto-graphic Hash
Blockchain is a secure distributed transaction ledger database that is shared by all parties in a computer network. Every transaction is recorded and stored to create an unchangeable and fully auditable transaction log that cannot be altered or changed which can stop issues such as double spending.
The cleverness of Blockchain is that it is not an entirely new technology. It is in fact an innovative use of 3 long standing existing technologies that have been masterfully combined together.
These are a combination of:
P2P – Peer to Peer
PKI – Public Key Infrastructures
Cryptographic Hash – Encryption Technologies
BENEFITS OF BLOCKCHAIN / DISTRIBUTED LEDGERS
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