Unfolding The Hand-In-Hand Relationship Between Blockchain And IP

The to-the-point definition of the term blockchain defines it as an anonymous online ledger that efficiently keeps a growing list of records, known as blocks, which are, in turn, linked using cryptography, where every single block contains a cryptographic hash of the previous block, transaction data, and a timestamp. As a Peer-to-Peer Electronic Cash System, blockchain was invented by an inventor with the pseudonym Satoshi Nakamoto back in 2008. The blockchain technology is a concept that is too simple on the one hand and much complex on the other. It is exceedingly diverse in all of its uses. Many experts across the globe believe that the blockchain phenomenon is quite similar to the revolution brought by the Internet and the online world. When it comes to the industrial application of blockchain technology – Finance is undoubtedly one of the leading areas where it is traversing its roots. πŸ‘‰ βœ… For view source: www.trademarkmaldives.com/blog/unfolding-the-hand-in-hand...

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Uploaded on April 17, 2020