2022/12/11 14:37

Blockchain technology is a distributed database technology that has the following characteristics:

Decentralization

Blockchain technology uses a distributed network architecture and does not have a central control node, so it is not controlled by a single entity.

Immutable

Blockchains use cryptographic methods, and the recorded information is immutable. Once information is written to the blockchain, it cannot be modified or deleted.

High security

Blockchain technology uses sophisticated cryptographic methods to secure data and uses consensus mechanisms to ensure data accuracy.

High efficiency

Blockchain technology allows nodes in a distributed network to work together and improve the efficiency of data processing.

Transparency

Blockchain technology uses public encryption methods where recorded information is visible. Anyone can view the information on the blockchain, but they cannot tamper with it.