What is Blockchain Technology?

 

Blockchain is a shared, immutable ledger to record transactions, track assets, and maximize trust.

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• A work system that gives confidence to your customers…

 

• Every transaction is recorded as a data block.

 

These transactions show the movement of a tangible product or an intangible asset. The data block can save selected information. For example, you can easily track information such as where, when, and to whom a certificate was issued.

 

 

• All blocks are linked to the previous and next block.

 

If we move on to valuable items and their certificates, these blocks form a data chain as the ownership of the items changes. The blocks verify the exact time and order of these exchanges. Blocks that are securely connected to each other prevent any block from being changed or inserted between two blocks.

 

 

• Transactions that are blocked on the blockchain cannot be undone.

 

Each block validates the previous block, strengthening the entire Blockchain. This way, Blockchain offers a strong immutability at its core, providing easy detection in case of any tampering. This feature helps creating an environment that everyone trust as protecting users from malicious users.