CIO Influence

Category : Blockchain

Blockchain is a way of securely recording information and is highly resistant to tampering, hacking, or alteration. Blockchain functions through a distributed ledger system. In such a system, transactions are replicated and distributed across the network of computers participating in it.

This technology keeps the data of transactions, called blocks, in more than one database, called the “chain,” in a network that has peer-to-peer nodes, which is also termed a digital ledger.