Author

Topic: [2018-01-23] Interview with Marten Jung about blockchain (Read 78 times)

hero member
Activity: 2054
Merit: 528
❤ Bitcoin Garden
Exclusive interview with Marten Jung about blockchain and how it influences businesses:
https://bitcoingarden.org/exclusive-interview-marten-jung-blockchain-influences-businesses/

The blockchain is hot, and it’s only getting hotter after Bitcoin Cash got listed on Coinbase. To learn more about how blockchain influences B2B businesses and its pitfalls, We interviewed Marten Jung, CEO from Unibright which is a unified framework for blockchain.

Elements used for integration processes like Smart Contracts, Adapters to connect to existing systems and queries to monitor the ongoing process are generated automatically for the chosen blockchain implementation.

Q) As you are experts in the blockchain, could you explain for beginners what blockchain is and how can one make the business out of it?

MJ) Blockchain technology, also known as distributed ledger technology (DLT) is foremost a public electronic ledger. In contrast to a traditional database, it is decentralized, shared among many nodes and is built by blocks of transactions that are linked to one another. Therefore, a consensus model is needed in each blockchain, to ensure that the next block in the chain is the only version of the truth. Using a consensus mechanism allows the blockchain to avoid a central authority that keeps track of all accounts. This leads to unique characteristics a blockchain offers: the data is immutable, cryptographically signed, transparent and protected against fraud....

Jump to: