BLOCKCHAIN TECHNOLOGY : A COMPREHENSIVE VIEW
WHAT IS BLOCKCHAIN TECHNOLOGY? A Blockchain, originally block chain, 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 “distributed ledger”.
Usually contains financial transactions.
Is replicated across a number of systems almost real-time.
Usually exists over a peer-to-peer
Uses cryptography and digital signatures to prove identity, and enforce read/write
in network.
authenticity access rights.
Can be read and written by certain
Hard to change historical records.
participants.
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.
WHY BLOCKCHAIN ?
Broader participation, low cost, increase efficiency. Blockchain for Businesses. Shared ledger Smart contracts Privacy Validation
BENEFITS OF BLOCKCHAIN ? Industrial
Patterns
Internal
Blockchain Benefits.
for Customer Adoption
ledger Information hub High value market
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.
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https://www.consagous.com/blockchain-servi ces https://www.consagous.com info@consagous.com