Blockchain in a Nutshell: Building Enterprise Solutions

Blockchain is a digital enterprise solution built around managing e-ledgers and financial transactions in a network of connected participants. Blockchain is an e-ledger that builds and keeps irreversible historical records of transactions. The ledgers available on a network of connected participants ensure all entries have dates and cryptographic signatures that prevent and disallow changes. Blockchain ledgers create a lengthy auditable trail of all the transactions done and remove the necessity of a trusted middleman. Blockchain ledgers retain a safe, secure, accessible digital versions for all the parties in a transaction. That is why, across all industries, blockchain as a breakthrough technology is evincing new innovation and R&D like never before. Essential and Major Features of Blockchain Technology Solutions Across several industry adaptations, blockchain presents minor to major features that essentially capture the specifics of that vertical. 1. Decentralized System: Bloc...