Blockchain Technology

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Blockchain Technology

• www.osiztechnologies.com

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BLOCKCHAIN TECHNOLOGY - A Comprehensive Guide Ever

• Blockchain technology is a cryptographic function
  used to secure digital currency. Blockchain is a
  growing list of records called blocks, that are
  linked using cryptographic block contains a
  cryptographic hash of their previous block, a
  timestamp and transaction data by description, a
  blockchain is resistant to modification of the
  data. It is a distributed ledger that includes
  transaction details, records, and information by
  utilizing cryptography-based technologies.
• It provides a stable and secure transaction that
  helps to protect and prevent hacking and secure
  the data alteration.

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• Why Blockchain ?
• (I)Decentralization
• In a decentralized network, if you wanted to send
  money to your friend, then you can send it
  directly without going through a third party
  (Bank).
• (II)Transparency
• In Transparency, the persons real identity is
  secure, you will still see all the transactions
  that were done by their public address.

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• (III)Immutability
• Immutability once something has been entered into
  the blockchain, it cannot be tampered with and
  this property is due to a cryptographic hash
  function.
• Benefits of Blockchain Technology in Business
• (1)Improved transparency
• Transaction entries are more transparent through
  the use of blockchain technology.

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• (2)Enhanced security
• it is encrypted and linked to the previous
  transaction and information is stored across a
  network of computers instead of on a single
  server, makes it very difficult for hackers to
  alter the transaction data.
• (3)Improved traceability
• When exchanges of goods are recorded on a
  blockchain where you can see each and every part,
  from where the assets coming from to till the
  end of it.

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• (4)Enhanced efficiency and speed
• In blockchain where no multiple records are made
  because it uses single ledger and accessible for
  everyone one in it.
• As Blockchain Technology has high Efficiency,
  Reliability, Security, and Transparency it can be
  inculcated in various Businesses.
• As Blockchain is an advancement for our Business,
  we should go for Best Blockchain Solutions
  Provider.

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• I refer osiz technologies as Being a leading
  Blockchain Development Company for Businesss.
  it gives you efficient Blockchain Development
  Services. Feel free to connect with an adroit
  team of Developers.
• Call/Whatsapp  [phone]
• E-mail  sales_at_osiztechnologies.com
• Skype  Skype osiz.tech