Uploaded on Sep 18, 2019
Osiz technologies provide you more Secure, Transparent and Reliable Blockchain solutions for your business according to your needs.
Blockchain technology
Blockchain Technolo
gy
www.osiztechnologies.com
BLOCKCHAIN TECHNOLOGY - A Comprehensive Guide Ever
Blockchain technology is a cryptographic function used to secure d
igital currency. Blockchain is a growing list of records called blocks
, that are linked using cryptographic block contains a cryptographi
c hash of their previous block, a timestamp and transaction data b
y description, a blockchain is resistant to modification of the data.
It is a distributed ledger that includes transaction details, records,
and information by utilizing cryptography-based technologies.
It provides a stable and secure transaction that helps to protect a
nd prevent hacking and secure the data alteration.
Why Blockchain ?
(I)Decentralization
In a decentralized network, if you wanted to send money to your f
riend, then you can send it directly without going through a third
party (Bank).
(II)Transparency
In Transparency, the person’s real identity is secure, you will still
see all the transactions that were done by their public address.
(III)Immutability
Immutability once something has been entered into the bl
ockchain, it cannot be tampered with and this property is
due to a cryptographic hash function.
Benefits of Blockchain Technology in Business
(1)Improved transparency
Transaction entries are more transparent through the use
of blockchain technology.
(2)Enhanced security
it is encrypted and linked to the previous transaction a
nd information is stored across a network of computers i
nstead of on a single server, makes it very difficult for h
ackers to alter the transaction data.
(3)Improved traceability
When exchanges of goods are recorded on a blockchain
where you can see each and every part, from where the
assets coming from to till the end of it.
(4)Enhanced efficiency and speed
In blockchain where no multiple records are made because
it uses single ledger and accessible for everyone one in it.
As Blockchain Technology has high Efficiency, Reliability, S
ecurity, and Transparency it can be inculcated in various B
usinesses.
As Blockchain is an advancement for our Business, we sho
uld go for Best Blockchain Solutions Provider.
I refer osiz technologies as Being a leading
Blockchain Development Company for Business”s. it gives
you efficient Blockchain Development Services. Feel free t
o connect with an adroit team of Developers.
Call/Whatsapp : 9500481067
E-mail : [email protected]
Skype : Skype : osiz.tech
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