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A block chain is a distributed, public ledger, recording transaction and tracking assets, and of which immutability is guaranteed by a peer-to-peer network of computers, not by any centralized authority. Assets can be tangible, such as homes or cash, or they can be intangible, such as patents or copyrights. A block chain consists of ordered records arranged in a block structure. Each data block contains a hash (digital fingerprint or unique identifier), time stamped batches of recent transactions and a hash of the previous block. With this design, each block is connected in chronological order…mehr

Produktbeschreibung
A block chain is a distributed, public ledger, recording transaction and tracking assets, and of which immutability is guaranteed by a peer-to-peer network of computers, not by any centralized authority. Assets can be tangible, such as homes or cash, or they can be intangible, such as patents or copyrights. A block chain consists of ordered records arranged in a block structure. Each data block contains a hash (digital fingerprint or unique identifier), time stamped batches of recent transactions and a hash of the previous block. With this design, each block is connected in chronological order and the connected blocks are called a block chain. It is practically impossible to modify one of the blocks in the middle of the chain because all of the blocks after the modified block must be modified at the same time. With this mechanism, the data on the block chain network are immutable.A smart contract is a computer protocol that runs automatically when the prerequisites are met, and it is an entity separate from the original block chain technology.
Autorenporträt
My name is Dr. Divya Ghune. I have completed my BDS from Maharashtra University Of Health Sciences, Nashik. Currently, I am a Post graduate student in Department of Public Health Dentistry at ACPM Dental College, Dhule.