Blockchain unleashed
A blockchain is decentralized transactional system for internet based generation ,It manages series of transactions as blocks verified by all parties involved .
Basic element is block which is transaction happened which is immutable once approved. A series of transactions is called block chain.
Blockchain is the technology behind famous online currency biticoin.
Blockchain works on principles of distributed discovery of blocks which i own and update them regularly.
Blockchain is like time series data with high security of private key.
It will work on Public key private key encryption mechanism and once approved it will be immutable beyond fraud.
It can remove middle men in all transactional systems like Banks and Stock markets.
Delivery Anchor, Microsoft Practice at Infosys | Certified PMP? | CSM? | ITIL?4
8 年Hi Janardhan.. Can you please re-post with right alignment of picture flow diagram. Thanks
Head - IT Projects and Services
8 年Hi Janardhan: The picture in this article is truncated on the top.
Faculty, IIM Indore | Fellow, IIM Lucknow | B.E., VTU
8 年Short and crisp article janardhan reddy:)