Blockchain is a kind of distributed database, which could save transaction logs in a tree structure and cannot be rolled back. In blockchain, all nodes are digitally marked over time. Blockchain is the distributed ledger that cryptographically contains transaction/record data in the form of a tree node, where all nodes are connected to a chain and cannot be changed or rolled back without being detected. In fact, blockchain is the…
Read MoreBlockchain Benefits for Public Administration
Blockchain is much more than just cryptocurrency, and renewed interest in this technology can help prove its value beyond the cryptocurrency bubble. With real-world examples difficult to find, governments, organizations and those who exert the most influence must collaborate to bring blockchain out of the cryptocurrency crisis. But can technology proponents find the perfect balance and give blockchain a new life? According to a recent article by Forbes magazine,bringing the…
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