What are the ten characteristic of blockchain?

Posted by Anii Jain
6
Sep 27, 2019
277 Views
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Blockchain has characteristics which mark it as something transformative, perhaps even more transformative than the web. At its core, blockchain is just a database, one that is particularly good at dealing with transactions about assets, whether they’re financial assets, physical assets such as cars, or something more abstract like customer data.

But blockchain has some key characteristics which make it different:

Digital Cryptocurrency

Decentralized Computing Infrastructure

Transaction Platform

Decentralized Database

Shared, Distributed Accounting Ledger

Software Development Platform

Open Source Software

Financial Services Marketplace

Peer-to-Peer Network

Trust Services Layer

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