BLOCKCHAIN FUNCTION,TECHNOLOGY, BENEFIT AND USES

1. BLOCKCHAIN
A data structure that records information about financial transactions between two
participants

2. name used by the presumed
pseudonymous person or persons who
developed Bitcoin, authored the bitcoin
white paper, and created and deployed
bitcoin's original reference
implementation. As part of the
implementation, Nakamoto also
devised the first blockchain database.
Satoshi
Nakamot
o

3. ADVANTAGES 0F BLOKCHAIN
• Trust. Blockchain creates trust between different entities where trust is
either nonexistent or unproven
• Improved security and privacy
• Individual control of data
• Visibility and traceability

4. DISADVANTAGE
OF BLOKCHAIN
•Possibility of disruption of network security.
•Environmental impacts.
•Storage problems
•High costs of implementation.

5. • BLOKCHAIN IS QUITE NEW
TECHNOLOGY FOR THIS ERA
• SATOSHI NAKAMOTO ALSO
INVENTED THE BITCOIN
• USUALLY IT,S HAPPEN IN
CRYPTOCURRUNCY