BUILDING THE NEXT GENERATION OF E-COMMERCE

[pelufre]

What type of records can be kept in a Blockchain? Is there any restriction on same?

There is no restriction on keeping records of any type in the Blockchain approach. Industries are using Blockchain for securing all types of records.
hope that will be helpful

Thanks a lot^^

[Ty13rDerden]

Blockchain can be trusted due to so many reasons.

[Grillo]

What are the different types of Blockchains?

There mainly three types of Blockchains that have emerged after Bitcoin introduced Blockchain to the world.
Public Blockchain
Private Blockchain
Consortium or Federated Blockchain

[luckylux]

In blockchain, how are blocks linked to each others ?

Backward to the previous block, i think so :d

[Ty13rDerden]

What type of records can be kept in a Blockchain? Is there any restriction on same?

There is no restriction on keeping records of any type in the Blockchain approach. Industries are using Blockchain for securing all types of records.
hope that will be helpful

Thanks a lot^^

I don't agree with you when you say it is no restriction on keeping records of any type in the Blockchain approach.

[Ty13rDerden]

In blockchain, how are blocks linked to each others ?

Backward to the previous block, i think so :d

Can you say more about this? I do not quite get it?
 

[johnjay3000]

In blockchain, how are blocks linked to each others ?

Backward to the previous block, i think so :d

I think it is correct, i heard about it once

[luckylux]

Is the Blockchain Different from Banking Ledgers?

[Kisa San]

Is the Blockchain Different from Banking Ledgers?

yes, they are : Banks and accounting systems use ledgers to track and timestamp transactions. The difference is that the blockchain is completely decentralized and an open source.

[mekanical]

What are the different types of Blockchains?

publish, consortium, and private

[UnevenDRalffy]

What are the different types of Blockchains?

There mainly three types of Blockchains that have emerged after Bitcoin introduced Blockchain to the world.
Public Blockchain
Private Blockchain
Consortium or Federated Blockchain

thanks for the information.

[Grillo]

What is the principle on which blockchain technology is based on?

There are 5 basic principles of the blockchain technology:
Distributed database
Peer-to-peer transmission
Transparency with pseudonymity
Irreversibility of records
Computational logic

[mekanical]

What is the principle on which blockchain technology is based on?

It enables the information to be distributed among the users without being copied

[luckylux]

Is the Blockchain Different from Banking Ledgers?

yes, they are : Banks and accounting systems use ledgers to track and timestamp transactions. The difference is that the blockchain is completely decentralized and an open source.

sorry I didn't quite get it, decentralized and open source? can you explain more?

[mekanical]

What is the principle on which blockchain technology is based on?

There are 5 basic principles of the blockchain technology:
Distributed database
Peer-to-peer transmission
Transparency with pseudonymity
Irreversibility of records
Computational logic

that is a useful information.

[luckylux]

What is the principle on which blockchain technology is based on?

There are 5 basic principles of the blockchain technology:
Distributed database
Peer-to-peer transmission
Transparency with pseudonymity
Irreversibility of records
Computational logic

The information is really helpful, many thanks!

[Kisa San]

Is the Blockchain Different from Banking Ledgers?

yes, they are : Banks and accounting systems use ledgers to track and timestamp transactions. The difference is that the blockchain is completely decentralized and an open source.

sorry I didn't quite get it, decentralized and open source? can you explain more?

This means that people do not have to rely on or trust the central bank to keep track of the transactions. The peer-to-peer blockchain technology can keep track of all the transactions without the fear of having them erased or lost.

Furthermore, the blockchain, because of its open-source nature, is more versatile and programmable than central banking ledgers. If programmers need new functionality on the blockchain, they can simply innovate on top of already existing software through consensus. This is difficult for central banks because of all of their regulations and central points of failure.

[luckylux]

Is the Blockchain Different from Banking Ledgers?

yes, they are : Banks and accounting systems use ledgers to track and timestamp transactions. The difference is that the blockchain is completely decentralized and an open source.

sorry I didn't quite get it, decentralized and open source? can you explain more?

This means that people do not have to rely on or trust the central bank to keep track of the transactions. The peer-to-peer blockchain technology can keep track of all the transactions without the fear of having them erased or lost.

Furthermore, the blockchain, because of its open-source nature, is more versatile and programmable than central banking ledgers. If programmers need new functionality on the blockchain, they can simply innovate on top of already existing software through consensus. This is difficult for central banks because of all of their regulations and central points of failure.

by the way could you please explain a real-life use-case where blockchain is being used? thanks

[Ty13rDerden]

Well, a block or the entire blockchain is protected by a strong cryptographic hash algorithm. Each block has a unique hash pointer. Any modification in the block constituents will result in the change in the hash identifier of the block.  Therefore, it offers an excellent level of security. Thus, one needs not to worry about the safety as well as the security of data that is present in a block.

[Ty13rDerden]

What are the different types of Blockchains?

publish, consortium, and private

thanks for your answer!!!