Thursday, November 21

Tag: Blockchain Comes Under Data Privacy Scrutiny

Blockchain Comes Under Data Privacy Search
Blockchain, news

Blockchain Comes Under Data Privacy Search

Blockchain is a decentralized digital ledger, which records transactions taking place in a peer-to-peer network. In a simple explanation, blockchain is a collection of databases in form of blocks, connected to each other. Nothing can be deleted or modified in the database after it has been added and approved. And that's why blockchain comes under data privacy search. While there are numerous blockchain platforms, perhaps the most recognized blockchain platforms are the Bitcoin blockchain and Ethereum, the blockchain for Ether. The Bitcoin blockchain is credited with sparking the adoption of blockchain as it sheds light on the potential of decentralized finance. However, Ethereum is the blockchain platform that has emerged as the catalyst for innovation because of its ability to enable the...