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Blockchain technology is a leading technology that securely maintains the records of each transaction over a digital platform. Most of the mobile application development companies are using this technology to make their apps more reliable and efficient. Let\'s understand this technology more closely through given ppt.

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Presentation Transcript
what is blockchain technology
What is blockchain technology?

A Blockchain, originally blockchain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. A blockchain is thus sometimes referred to as a “distributedledger”.

usually contains financial transactions

Usually contains financialtransactions.

  • Is replicated across a number of systems in almost real-time.
  • Usually exists over a peer-to-peer network.
  • Uses cryptography and digitalsignatures to prove identity, authenticity and enforce read/write access rights.
  • Can be read and written by certain participants.
  • Hard to change historical records.
blockchain underpins bitcoin
Blockchain underpins Bitcoin . . .
  • is unregulated, censorship-resistant shadow currency.
  • Blockchain ensures “cash like” coin passing
    • unique,
    • immutable,
    • final.
  • is the first Blockchain application.
    • Blockchain is not .
  • Digital currencies different from cryptocurrency.
why blockchain
Why Blockchain ?
  • Broader participation, low cost, increase efficiency.
  • Blockchain for Businesses.
    • Sharedledger
    • Smartcontracts
    • Privacy
    • Validation
benefits of blockchain
Benefits of blockchain ?
  • Industrial Blockchain Benefits.
  • Patterns for Customer Adoption
    • Internal ledger
    • Information hub
    • High value market
benefits of blockchain 1
Benefits of blockchain ?
  • Use cases :
    • Corporate Debt (or Bond),
    • Business to Business Contracts,
    • Smart Refrigerator,
    • Open & Trusted Supply Chain,
    • Aircraft Maintenance,
    • On Line Gaming,
    • Securities, Retail Banking, Public Records, Trade Finance, Syndicated Loans, Intra-bank settlement.
looking for a blockchain solution contact us
Looking for a blockchain solutionContact us

https://www.consagous.com/blockchain-services

https://www.consagous.com

info@consagous.com