“It’s gold for nerds.” – Stephen Colbert
The blockchain concept is the popular main technology behind cryptocurrency exchange and transactions. By design, a blockchain is resistant to data manipulation or modification by the way it is stored in a decentralizing, openly distributed manner. A block in a chain stores the previous block ID, timestamp of the creation and hashed transactional data.
The applications typically come in the form of token exchanges or smart contracts whereby transactional information on such an open ledger makes the information safe, creating less risk of loss or manipulation making it highly trustworthy.
4Sight can help you create the technological aspect for your new blockchain concept.
Learn more about the Blockchain Technology Applications.
