What is Blockchain Technology?
With
the rapid increase in the importance of technology in human life in the modern
world, it is observed that the need for information and data security also
increases. Firstly, this requirement is quite high in fields where many
transactions in personal data in the field of finance are carried out together.
At this point, blockchain technology
has an important position and its purpose is to ensure data security and
transparency.
What is Blockchain?
When
examined within the scope of the question of what is Blockchain, this term is a type of database. Also called
the block chain, it describes the chain structure consisting of blocks.
Blockchain, realise the control and follow-up
of encrypted transactions as a database system. Thus, considering the
question of what is the purpose of
blockchain, it is seen as allowing the recording and distribution of
digital information.
What Are the Areas of The Usage of
Blockchain ?
·
Health
sector,
·
Public
sector,
·
Finance
Sector,
·
Supply
chain,
·
Energy
sector
What Does Blockchain Technology
Provide Benefit?
Why is blockchain
important, what does blockchain technology do, etc. questions are among the frequently researched
question patterns. In this context, it provides data privacy services with the
feature of securely storing the information contained in blockchain technology.
An important point here is that if the data is wanted to be changed,
confirmation from other blocks is required. Thus, the system ensures the
security of the data by preventing any factor that may come from external
factors.
How Does Blockchain Work?
When
examined within the scope of the question of how the blockchain system works, blockchain technology has a
central system. It is possible to access the data in the blockchain over all
computers. In addition to accessing information, it is also possible to reach
the information of who belongs to the transactions to be made here and at what
time. Since all transactions to be made in Blockchain technology cannot be
changed, a new record must be made in the system during any correction process.
In this way, it is ensured that all correct/incorrect information is observed
while preserving all details. In this technology system, the identity must be
created with the user identification number recognized by all networks.
