Q. What is blockchain?
4 Answers
Blockchain is a distributed ledger that is similar to a database. In a blockchain database, data is held in blocks that are linked together in a chain. The data remains consistent since the chain cannot be deleted or changed without network consensus (majority of the nodes should vote for the changes to be made). You can set up an unchangeable or immutable ledger using blockchain technology to manage orders, payments, accounts, and other transactions. To know more about the existing blockchain development services contact the best blockchain development company.
answered by bsetec
In straight-forward language, blockchain is a distributed and decentralized technology that records information in blocks across the entire network within an application or software. So, a blockchain-based application offers robust security, transparency, and flexibility to the users. MobileCoderz is leading Blockchain development company in India, specialising in the creation of Solidity, Hyperledger, Stellar, Solana, and Hedera. Softeq, an experienced blockchain development company, aids startups and businesses in leveraging the blockchain-based decentralized network.
answered by ermawinter
Blockchain is a shared, unchangeable ledger that makes it easy for a business network to record transactions and keep track of assets. An asset can be something you can see or touch, like a house, car, cash, or land. Follow blockchain development companyto leverage blockchain expertise to build secure, scalable, and reliable business-oriented solutions.
answered by wilsonmarry