What is Blockchain ?
What is Blockchain ? Blockchain is a mechanism of storing data (storing information without edit capability) , so information with regards to given subject item is stored using independent block s of data in a decentralized environment with references to next and previous blocks , thus only when all blocks of data is retrieved itemized information could be derived. In an orthodox environment data repository is a Relational Database Management System (RDBMS), where information is scattered among multiple tables in the functionally and spatially most optimized manner. Key difference between the two is the key used in the RDBMS where with a single record key you could access, read, write , delete or modify any record related to the particular block of information, whereas Blockchain, environment there is no single key that allows you to retrieve information related to that particular event/transaction/block-of-information and moreover it allows only read and writ...