What is Blockchain for?

in #blockchain6 years ago

A large "box-book" with data recorded simultaneously on several computers, this is how we can summarize what Blockchain is. And trust in it comes precisely from the fact that it is a large network executed in Internet data transfer protocols, enabling transactions and deals to be done automatically and at a reduced cost.

Considered one of the top 10 IT trends, according to Gartner. "Blockchain comes to provoke disruption and bring challenges for all of us who are managers and those in charge of the public sector. She believes the technology will help the government make big leaps. "Automating processes safely is just one step in modernizing the public service. The second step is to add analysis and responsiveness and agility that a simple automation can not. The disruption comes from there, the use of an innovative technology to do something that until then was not done ", stresses the president.

Technically, Blockchain is nothing more than a network capable of performing processing and performing storage in a distributed way. However, in addition to distributed storage and processing, the technology also provides a shared consensus. That is, every information record or execution result must pass through the network screen to be validated. This is what makes Blockchain so precious because it ensures that all nodes in the network agree and have exactly the same information, avoiding common fraud situations in systems that depend on the validation of a third party.

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Artigo muito bom hein!! sempre aprendemos uns com os outros!!

@dianaln, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!

In my opinion Blockchain is blatant is one of the best inventions in decades that was made by men, is something that will change the world, and is only beginning ...

Blockchain veio para revolucionar

great publication

excelente artigo

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