Blockchain Technology 1.4 Flashcards
1
Q
Blockchain
A
- Lists of records, where addition to the list is done by a cryptographic algorithm.
- Records are distributed publicly to everyone on the Blockchain network.
2
Q
Applications of the Blockchain
A
- Payment process
- Digital identification
- Supply chain monitoring
- Digital voting
3
Q
Integrity of the Blockchain
A
- For a record to be completely altered, it would require the altering of all distributed records.