Distributed ledger and it contains transactions done by all the people involved in that channel. The transactions are tamper proof.
- The transactions are tamper proof
- These transactions are visible for the people who involved
- Top usage in financial applications
Here is a Video on more Benefits and Applications
Free certification on blockchain
You can take the course on blockchain and it is free from IBM and you can complete it in 2 hours.
Many financial institutions in the race to implement block chain technology. Many government also pushing the blockchain projects.
Facts on Blockchain
The financial services industry is trying to incorporate it to make their backend processes more efficient.
For those not in the know, blockchains are distributed databases that can contain a growing list of data records. The linked data-structure blocks that make up the blockchain are resistant to revisions and tampering.
This is a space where you can learn more on blockchain.