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BLOCKCHAIN TECHNOLOGY - A Comprehensive View

Blockchain technology is a leading technology that securely maintains the records of each transaction over a digital platform. Most of the mobile application development companies are using this technology to make their apps more reliable and efficient. Let's understand this technology more closely through given ppt.

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BLOCKCHAIN TECHNOLOGY - A Comprehensive View

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  1. BLOCKCHAIN TECHNOLOGY : A comprehensive view

  2. What is blockchain technology? A Blockchain, originally blockchain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. A blockchain is thus sometimes referred to as a “distributedledger”.

  3. Usually contains financialtransactions. • Is replicated across a number of systems in almost real-time. • Usually exists over a peer-to-peer network. • Uses cryptography and digitalsignatures to prove identity, authenticity and enforce read/write access rights. • Can be read and written by certain participants. • Hard to change historical records.

  4. Blockchain underpins Bitcoin . . . • is unregulated, censorship-resistant shadow currency. • Blockchain ensures “cash like” coin passing • unique, • immutable, • final. • is the first Blockchain application. • Blockchain is not . • Digital currencies different from cryptocurrency.

  5. Why Blockchain ? • Broader participation, low cost, increase efficiency. • Blockchain for Businesses. • Sharedledger • Smartcontracts • Privacy • Validation

  6. Benefits of blockchain ? • Industrial Blockchain Benefits. • Patterns for Customer Adoption • Internal ledger • Information hub • High value market

  7. Benefits of blockchain ? • Use cases : • Corporate Debt (or Bond), • Business to Business Contracts, • Smart Refrigerator, • Open & Trusted Supply Chain, • Aircraft Maintenance, • On Line Gaming, • Securities, Retail Banking, Public Records, Trade Finance, Syndicated Loans, Intra-bank settlement.

  8. Looking for a blockchain solutionContact us https://www.consagous.com/blockchain-services https://www.consagous.com info@consagous.com

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