BlockChain
Blockchain Platform - Ethereum - Corda - Multichain - Quorum - Hyperledger Fabric Why blockchain - mainstream? Cross border monetary payment system - High transaction Fee - Double Spending - Internet fraud Benefits - Decreased Costs - Reduced Fraudulent activity - Increased Security Blockchain is a distributed database of uneditable records called blocks, which are secured using cryptography Blocks is a record book which contains the details of transaction data. Elements of Block - Hash - Hash of previous block - Nonce - Transaction Data Hash is an alphanumeric value which is used to identify a block. Nonce is a random value which is used to vary the value of hash.. Payments transparent and accountable Oracle Blockchain Platform Set up a blockchain network Self sustaining nodes Share data with multiple parties Based on Industry's leading open source Hyperledger Fabric Advantages Immutability Data Integrity Simplifies Auditing Consensus Algorithms - Practical Byzantine fault ...