IoT and Blockchain Training
Blockchain has been defined as a digital ledger in which transactions are recorded chronologically and publicly. A Blockchain consists of a number of blocks, hence the term. Each block is a record of transactions of specific data, which can contain anything from Cryptos to voting records to medical data.
Blockchain is a distributed ledger technology that combines with IoT to make machine-to-machine transactions possible. It uses a set of transactions that are recorded in a database, verified by multiple sources and entered in a common ledger distributed across every node.
What is Blockchain training?
A Blockchain is a permanent, sequential list of transaction records distributed over a network. Bitcoin and other cryptocurrencies use Blockchain technology to record transactions. Blockchain for business applications can include recording of contracts, medical records, monetary transactions and much more.
Prominent Blockchain Applications To Know
- Secure sharing of medical data.
- NFT marketplaces.
- Music royalties tracking.
- Cross-border payments.
- Real-time IoT operating systems.
- Personal identity security.
- Anti-money laundering tracking system.
- Supply chain and logistics monitoring.