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Blockchain and Social Media
| Content Provider | Scilit |
|---|---|
| Author | Dutta, Saugata Saini, Kavita |
| Copyright Year | 2020 |
| Description | A blockchain can be defined as an increasing list of blocks where each block is linked with the hash of the previous one. A block consists of a collection of transactions, time stamps and the hash of the previous block. Blockchain is a distributed ledger where transactions are stored in blocks and spread across a peer-to-peer network where every node holds a copy of the ledger. The value of cryptography hashing and a distributed ledger makes it more unique than other technologies in that it is highly secured and almost impossible to compromise. The transparency in information for every node or participant is a property of blockchain which shows information cannot be modified which reduces fraudulent 102data and tampering with data which helps in building trust. Blockchain is customizable where actions can be triggered once the contextual conditions are met. Blockchain works on a peer-to-peer network, and there is no third party or central authority involvement. Book Name: Blockchain Technology and Applications |
| Related Links | https://content.taylorfrancis.com/books/download?dac=C2019-0-07824-9&isbn=9781003081487&doi=10.1201/9781003081487-6&format=pdf |
| Ending Page | 114 |
| Page Count | 14 |
| Starting Page | 101 |
| DOI | 10.1201/9781003081487-6 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2020-09-16 |
| Access Restriction | Open |
| Subject Keyword | Book Name: Blockchain Technology and Applications Information Systems Blockchain Hash Transactions Previous Building Peer Node Distributed Ledger |
| Content Type | Text |
| Resource Type | Chapter |
