Digital Transformation

Digital Transformation

2.??????Blockchain: This is a type of shared database that unlike traditional databases, stores data in blocks that are then linked together using cryptography. The aim of Blockchain is to allow digital information to be recorded and distributed but not edited. Blockchain can serve as the foundation for immutable ledgers or records of transactions that cannot be changed, deleted, or destroyed. As a result, Blockchain is sometimes also referred to as Distributed Ledger Technology or “DLT”. Applications for Blockchain include it being used as a standard for Digital Transaction management, as an accelerator of business processes, as a game changer for the supply chain, as a platform for smart contracts and a decentralized platform for global finance.?

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