Uploaded on Sep 18, 2019
Osiz technologies provide you more Secure, Transparent and Reliable Blockchain solutions for your business according to your needs.
Blockchain technology
Blockchain Technolo gy www.osiztechnologies.com BLOCKCHAIN TECHNOLOGY - A Comprehensive Guide Ever Blockchain technology is a cryptographic function used to secure d igital currency. Blockchain is a growing list of records called blocks , that are linked using cryptographic block contains a cryptographi c hash of their previous block, a timestamp and transaction data b y description, a blockchain is resistant to modification of the data. It is a distributed ledger that includes transaction details, records, and information by utilizing cryptography-based technologies. It provides a stable and secure transaction that helps to protect a nd prevent hacking and secure the data alteration. Why Blockchain ? (I)Decentralization In a decentralized network, if you wanted to send money to your f riend, then you can send it directly without going through a third party (Bank). (II)Transparency In Transparency, the person’s real identity is secure, you will still see all the transactions that were done by their public address. (III)Immutability Immutability once something has been entered into the bl ockchain, it cannot be tampered with and this property is due to a cryptographic hash function. Benefits of Blockchain Technology in Business (1)Improved transparency Transaction entries are more transparent through the use of blockchain technology. (2)Enhanced security it is encrypted and linked to the previous transaction a nd information is stored across a network of computers i nstead of on a single server, makes it very difficult for h ackers to alter the transaction data. (3)Improved traceability When exchanges of goods are recorded on a blockchain where you can see each and every part, from where the assets coming from to till the end of it. (4)Enhanced efficiency and speed In blockchain where no multiple records are made because it uses single ledger and accessible for everyone one in it. As Blockchain Technology has high Efficiency, Reliability, S ecurity, and Transparency it can be inculcated in various B usinesses. As Blockchain is an advancement for our Business, we sho uld go for Best Blockchain Solutions Provider. I refer osiz technologies as Being a leading Blockchain Development Company for Business”s. it gives you efficient Blockchain Development Services. Feel free t o connect with an adroit team of Developers. Call/Whatsapp : 9500481067 E-mail : [email protected] Skype : Skype : osiz.tech
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