Emerging Technology: Blockchain
Emerging Technologies: Blockchain A blockchain is a chain of blocks that stores data progressively, and it is not possible to backdate or damage them. It is a distributed storage that every user can get a genuine copy to avoid that someone else can alter. Users with a copy of this data can add new records to it, but they cannot change what is already contained. This feature makes blockchains a fantastic asset to record information with transparency because everyone keeps an eye on it and can notice that the data is being used well. (Decuyper, 2021) A blockchain is also a trustworthy platform that supports and stores data over a network of personal computers connected; this data could be verified by every user accessing this information worldwide. The security of this system is fully guaranteed as every user can watch what is happening with the data in real-time. This mechanism is decentralised and distributed; in other words, there is no central institution or person who is the ho...