Blockchain as a Service (BaaS- Azure) Introduction


Upskill your Tech Skills

Just to save you some time – read the article if you would like answers to the below questions 😊

  • What is Blockchain?
  • What is Blockchain a solution to?
  • Different types of Blockchain
  • Why is Blockchain secure?
  • How does blocks get built in a β€˜Block-chain’?

Happy reading!

What is Blockchain

In physical terms – Blockchain is essentially a network of computers. Each computer in the network accepts, confirms and stores transactions in a synchronized chain of confirmed transaction blocks. Each block applies cryptographic proofs and hashes – thus making the blocks / transactions in the blockchain / network immutable.

Pic1

What is Blockchain a solution to?

Β Blockchain allows for all parties involved to agree on the current state of something of value without any possibilities for dispute.

Blockchain caters to the above need perfectly because: –

  1. It is immutable – Transactions; remain on the blockchain; it is not…

View original post 745 more words

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Author: Nishant Rana

I love working in and sharing everything about Microsoft.NET technology !

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