In this presentation, we have mentioned a brief introduction to Blockchain Technology. To know everything in detail, read the blog at www.engineermaster.in

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A Brief
Introduction To
Blockchain
Technology

2. Introduction to Blockchain is essential to
distribute the database, records, public ledger of
all transactions, a digital event that is shared
among the participating parties. Each
transaction in the public ledger is verified by the
consensus of a majority of the participants in
the system. And, once entered, information can
never be erased.
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3. The introduction to Blockchain
contains a certain and verifiable
record of every single transaction.
To use a basic analogy, it is easy to
steal a cookie from a cookie jar,
kept in a secluded place than
stealing the cookie from a cookie jar
kept in a marketplace, being
observed by thousands of people.
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4. The introduction to
Blockchain contains a
certain and verifiable
record of every single
transaction.
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5. Introduction to
Blockchain
Technology
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6. However, an introduction
to Blockchain Technology
itself a noncontroversial
and has worked
flawlessly over the years
and is successfully being
applied to both financial
and nonfinancial world
applications.
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7. Last year, Marc Andreessen, the doyen of
Silicon Valley’s capitalists, listed the
introduction to Blockchain Technology that is
distributed consensus models the most
important invention since the Internet itself. The
bitcoin blockchain software that allows digital
currency to function should be considered as an
invention like a stream or combustion engine
that is the potential to transfer the world of
finance.
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8. Bitcoin: A peer-to-
peer electronic cash
system
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9. In 2008 individual or a group
writing under the name of
Santoshi Nakamoto published a
paper “Bitcoin: A Peer-to-peer
Electronic cash system” this
paper is described that peer to
peer version of electronics that
would allow transferring cash
from one party to another
without going through a
financial institution.
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info@engineermaster.in

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