Re:Big Banks Are All Over Blockchain
by ucaetano on Wednesday December 27, 2017 @04:15PM
(#16018100)
You use a blockchain when you want one common ledger across multiple companies, and you don't want to pay/trust a single company to manage it.
Not really, you can have a blockchain managed by a single company. In the most basic definition, a blockchain is simple an authenticated linked sequence of records. It can be public or not, it can be processed centrally, distributed across a single organization, or distributed in a peer-to-peer fashion.
Not really, you can have a blockchain managed by a single company. In the most basic definition, a blockchain is simple an authenticated linked sequence of records. It can be public or not, it can be processed centrally, distributed across a single organization, or distributed in a peer-to-peer fashion.