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What is block-chain technology?

by GeekOnJava - Hub for Java Android GeekOnJava
Blockchain is a public record of transactions. Its also distributed, so instead of one person controlling everything, there are thousands of computers around the world connected to a network.
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Review on What is block-chain technology?

Attempting to explain the advantages and disadvantages of blockchain technology, in its current format, for developing solutions.

Over the last 6 months, weve been attempting to pull apart blockchain, from concept, to economics. This article is designed to record some of our thoughts about blockchain and why its useful, or not. If we have something wrong, inaccurate or out of date, let us know in the comments!

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About GeekOnJava - Hub for Java Android Advanced   GeekOnJava

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Joined APSense since, January 29th, 2014, From California, United States.

Created on Jan 16th 2018 04:02. Viewed 222 times.

Comments

Sunil Limaye Advanced  MARKETER
What is it need of block chain? What problems in the current system of transactions caused the need of developing block chain?

Is it going to increase the overall cost of any transaction?
Jan 16th 2018 05:21   
GeekOnJava - Hub for Java Android Advanced  GeekOnJava
The value of blockchain can be easily witnessed for business problems involving transactions between multiple parties.

For advantage and diadvantage of Blockchain, you have to click on link on text "Learn more about What is block-chain technology?»"
Jan 17th 2018 06:09   
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