BLOCKCHAIN TECHNOLOGY - A Comprehensive View

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BLOCKCHAIN TECHNOLOGY A comprehensive view
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What is blockchain technology?

• A Blockchain, originally block chain, is a
  continuously growing list of records, called
  blocks, which are linked and secured using
  cryptography. A blockchain is thus sometimes
  referred to as a distributed ledger.

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• Usually contains financial transactions.
• Is replicated across a number of systems
  in almost real-time.
• Usually exists over a peer-to-peer
  network.
• Uses cryptography and digital
  signatures to prove identity,
  authenticity and enforce read/write
  access rights.
• Can be read and written by certain
  participants.
• Hard to change historical records.

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Blockchain underpins Bitcoin . . .

• is unregulated,
  censorship-resistant shadow currency.
• Blockchain ensures cash like coin passing
• unique,
• immutable,
• final.
• is the first Blockchain
  application.
• Blockchain is not .
• Digital currencies different from cryptocurrency.

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Why Blockchain ?

• Broader participation, low cost, increase
  efficiency.
• Blockchain for Businesses.
• Shared ledger
• Smart contracts
• Privacy
• Validation

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Benefits of blockchain ?

• Industrial Blockchain Benefits.
• Patterns for Customer Adoption
• Internal ledger
• Information hub
• High value market

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Benefits of blockchain ?

• Use cases
• Corporate Debt (or Bond),
• Business to Business Contracts,
• Smart Refrigerator,
• Open Trusted Supply Chain,
• Aircraft Maintenance,
• On Line Gaming,
• Securities, Retail Banking, Public Records, Trade
  Finance, Syndicated Loans, Intra-bank settlement.

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Looking for a blockchain solutionContact us

• https//www.consagous.com/blockchain-services
• https//www.consagous.com
• info_at_consagous.com

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