Designing a Blockchain In our previous article, we highlighted that blockchain is the technology that enables secure and verifiable data transfer in a peer-to-peer network. In the financial sector, the movement of data often equates to clarifying and transferring ownership. In this article, we will embark on a journey to “invent” blockchain in 9 steps […]
Tag: blockchain
Why we need blockchain
Before diving into the discussion of the importance of blockchain, I want to first introduce two ubiquitous models to demonstrate the prevalence of the problem and, therefore, the power of blockchain. Centralized Model Centralized models are a type of organizational structure that has been prevalent in our society for thousands of years. The pure version […]