記事検索

PSPINC Official Company Blog

https://jp.bloguru.com/pspinc

フリースペース

PSPINC will help your business thrive by providing for all of your technology needs. We offer a wide array of products, including Web & Email Hosting, Website Design, Custom Development, Email Marketing, a number of additional business tools, technical support, and so much more. Visit pspinc.com to learn more.

Connect with PSPINC on: Facebook | Twitter | Linkedin | Instagram | YouTube

Sign up for our newsletter

What is Blockchain?

スレッド
What is Blockchain?
You’ve probably heard of blockchain before, especially with the growing craze of Bitcoin and cryptocurrency. But blockchain isn’t just for finances, it’s just where it’s gained the most buzz in the last couple of years. Blockchain, simply put, is a database made up of a transparent network where users can trade with one another without the need for an intermediary.

Blockchain works differently from a typical database, as it structures data into blocks (hence the name). When entering new data, it comes in as a new block. Users are also unable to go back to modify already entered data. But as it updates itself, the new data is later chained onto the previous block, ordering them in chronological order. Users in a blockchain network can see everything that happens within that network. To ensure transactions are secure, blockchain uses cryptography to encode them.

Blockchain Use Cases


grocery store produce section

An obvious example of blockchain is Bitcoin. The easiest way to think of Bitcoin is thinking about how you obtain goods and services. Generally, you pay with traditional currency and the merchant gives you the product in return. Then, money’s put in a bank where it’s managed by other people. Blockchain allows users to manage the transaction on their own in a way that’s transparent and immutable. And that is essentially what Bitcoin is.

Another example is how Walmart and IBM worked together to bring about transparency to the food supply chain. In 2018, Walmart did two test runs using Hyperledger Fabric, a blockchain created by IBM. One with pork, and one with mangoes. Today, Walmart can trace over 25 products from 5 different suppliers to their origin because of this partnership. As a result, Walmart’s food supply chain is much more transparent and easier to track. And this wouldn’t have been possible without blockchain.

The Benefits of Blockchain


round silver and gold bitcoins on top of dollar bills

Blockchain embraces the idea of transparency and encourages trust. Users can see every step of transactions in its entirety. For security reasons, they can’t see every little detail as cryptography encodes those details. But they can at least see enough of the details to know it occurred. Because users can’t alter past data, it results in timely, accurate, and secure data.


Pacific Software Publishing, Inc.

1404 140th Place N.E., Bellevue, WA 98007

Facebook Instagram Twitter LinkedIn YouTube Bloguru

PSPINC Creates Tools For Your Business
Bloguru ClickItAudio Denrei Dreamersi ImaMenu Informakers Japanese Online Los Angeles Town MegaMail NewsMAIL Opinion Stand Pass Wizard Parcom PSP Pilot San Diego Town Simple Data Pool WebdeXpress
Pacific Software Publishing, Inc. is headquartered in Bellevue, Washington and provides domain, web, and email hosting to more than 40,000 companies of all sizes around the world. We design and develop our own software and are committed to helping businesses of all sizes grow and thrive online. For more information you can contact us at 800-232-3989, by email at info@pspinc.com or visit us online at https://www.pspinc.com.
#banks #bitcoin #blockchain #blog #business #businesstools #currency #cybersecurity #ecommerce #finance #foodsupplychain #ibm #security #softwaredevelopment #tech #technology #transparency #walmart #webdevelopment

ワオ!と言っているユーザー

  • ブログルメンバーの方は下記のページからログインをお願いいたします。
    ログイン
  • まだブログルのメンバーでない方は下記のページから登録をお願いいたします。
    新規ユーザー登録へ
ハッピー
悲しい
びっくり