Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
How its work??
Use of Blockchain Technology in
Blockchain used many industries like Airbnb and Uber etc. It allows people to pay for things like toll fees, parking, etc.
Use of Blockchain technology in hospital Management
It can be used as a secure platform for the healthcare industry for the purposes of storing sensitive patient data.
Blockchain technology using Payment Processing & Money transfer.
In this method Blockchain used money transfer end to end within seconds and reduce transfer fees.
Blockchain technology using Data Storage.
Its using secure data store and transfer data from one end to another end.
Blockchain Technology using in IOT.
Identifies the device connected wireless networks,monitor the activity of thoes devices and automatically assess the device to auto connect.
What is Blockchain technology advantages?
Its major advantage is Time savings ,Cost savings and Data security
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