Blockchain technology is a digital ledger structure, and this is connected through peer-to-peer nodes and stores transactional records in several databases known as the blockchain. These transactional records are also k/as blocks. Each and every transaction in this ledger is authenticated and can not be tampered with as it is authorized by the digital signature of the owner. Hence this ledger structure of blocks is highly secure and reliable to carry out digital transactions.http://www.techsaga.co.in/
2. What Is Blockchain Technology?
Blockchain technology is a digital ledger structure, and this is connected through peer-to-peer nodes
and stores transactional records in several databases known as the blockchain. These transactional
records are also k/as blocks. Each and every transaction in this ledger is authenticated and can not be
tampered with as it is authorized by the digital signature of the owner. Hence this ledger structure of
blocks is highly secure and reliable to carry out digital transactions.
In other words, information is stored in a digital ledger is similar to a Google spreadsheet shared to
other computer networks, where all transactions are recorded for every purchase.
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3. What exactly does blockchain
do?
As a peer-
to-
peer autonomous digital network for asset
transaction change can be shared among a distributed network
of computers.
Participants are the administrators here. Being a highly secured
platform, Blockchain technology offers layers of securities and
protection against cyber threats and eliminates the roles of
intermediaries.
While the internet is a game-changing element in the 21st
century, blockchain methodology revolutionized the process of
exchanging value between multiple untrusted parties and
securing their interests.
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4. Decentralization makes the Blockchain
Stronger
A blockchain establishes a decentralized network that
allows the participants in the blockchain to transfer
information across the internet without the involvement
of any centralized authority. With each passing day,
transactions are growing exponentially by participants,
resulting in a growing network of blockchain.
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5. Techsaga offers Blockchain Expertise
in :
Blockchain Solutions
Helps you select and deploy the right blockchain busi
Develop blockchain-based applications
Business-process review
Technical architecture and infrastructure
Proof-of-concept creation
Full-Scale blockchain implementation
Blockchain apps
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