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Topic: BUILDING THE NEXT GENERATION OF E-COMMERCE - page 12. (Read 1769 times)

newbie
Activity: 28
Merit: 0
What are the core requirements for a business blockchain?
A SAFE SYSTEM I THINK ?
newbie
Activity: 95
Merit: 0
What are the core requirements for a business blockchain?
newbie
Activity: 66
Merit: 0
Blockchain can be stored by what ?
 It’s stored on many computers of Bitcoin users around the world, also known as Bitcoin nodes
newbie
Activity: 87
Merit: 0
Blockchain can be stored by what ?
by a flat file and a database, should we dig deep into those things ?
jr. member
Activity: 164
Merit: 1
Name the common type of ledgers that can be considered by users in Blockchain?
centralized, decentralized, distributed network
LDA
newbie
Activity: 87
Merit: 0
Blockchain can be stored by what ?
jr. member
Activity: 157
Merit: 7
Name the common type of ledgers that can be considered by users in Blockchain?
newbie
Activity: 95
Merit: 0
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
Sorry, I do not know how to cover this aspect
that's okay. Thanks anyway!^^
newbie
Activity: 28
Merit: 0
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
Sorry, I do not know how to cover this aspect
jr. member
Activity: 157
Merit: 7
What are the different types of Blockchains?
publish, consortium, and private
thanks for your answer!!!
jr. member
Activity: 157
Merit: 7
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.
newbie
Activity: 95
Merit: 0
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
newbie
Activity: 28
Merit: 0
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.
newbie
Activity: 95
Merit: 0
What is the principle on which blockchain technology is based on? Cool Cool Cool
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!
jr. member
Activity: 164
Merit: 1
What is the principle on which blockchain technology is based on? Cool Cool Cool
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.
newbie
Activity: 95
Merit: 0
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?
jr. member
Activity: 164
Merit: 1
What is the principle on which blockchain technology is based on? Cool Cool Cool
It enables the information to be distributed among the users without being copied
full member
Activity: 225
Merit: 100
What is the principle on which blockchain technology is based on? Cool Cool Cool
There are 5 basic principles of the blockchain technology:
Distributed database
Peer-to-peer transmission
Transparency with pseudonymity
Irreversibility of records
Computational logic
newbie
Activity: 66
Merit: 0
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.
brand new
Activity: 0
Merit: 0
what's the advantage  for e-commerce contributor?
probably some special privileges like exclusive access to some promotion programs, token purchasing, private parties, etc.
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