BLOCKCHAIN TECHNOLOGY

What is blockchain technology?

Blockchain is just a decentralised database. What is a database? A database is a data structure used for storing information. This includes data that can be queried to gather insights for structured reporting used by entities to support business, financial and management decisions. Government also make use of databases to store large sets of data which …

What is blockchain technology? Read More »

What does “blockchain is a linear sequence of blocks” mean?

Current blockchain based projects are designed to function in a linear sequence; one operation functioning after the other. This is a crucial function so that operations occur precisely in their desired order. This also means that they can be easily added to, and new instructions are not capable of affecting the earlier operations of the script. There …

What does “blockchain is a linear sequence of blocks” mean? Read More »