DIGITALIGE

Blockchain Technology & Cryptocurrency

Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

A Blockchain is a chain of blocks that contain information. The data which is stored inside a block depends on the type of blockchain. For Example, A Bitcoin Block contains information about the Sender, Receiver, number of bitcoins to be transferred. The first block in the chain is called the Genesis block.

There are 4 types of blockchain:

Public Blockchain.
Private Blockchain.
Hybrid Blockchain.
Consortium Blockchain.

Blockchain technology can be used to create a permanent, public, transparent ledger system for compiling data on sales, tracking digital use and payments to content creators, such as wireless users or musicians.

What is Blockchain versus Cryptocurrency?

Blockchain is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented.

Which blockchain is best?

Ethereum. Ethereum is the best secure block chain based secure crypto currency platform for now as others to emerge.

What is the biggest blockchain company?

Founded in 1911, IBM is a cloud platform and cognitive solutions company — it's also the largest company in the world embracing blockchain. IBM has helped more than 220 businesses develop applications and data governance tools that run on blockchain.