The block chain is an unavoidable invention –and it has been evolving into something greater each time, and the main question that comes to every single person is asking is: What actually is Block chain?
Here at WebZino we help you define it: By allowing digital information to be distributed over large systems without getting copied is what a block chain is. Block chain technology has created the backbone of a new type of internet. Originally devised for the digital currency, Bit coin the tech community is now finding other prospective uses of this technology.
Block chain technology is like the internet which has a built-in robustness. By storing blocks of information that are identical across its network, the block chain cannot:
1. Be controlled by any single entity.
2. Has no single point of failure.
A block chain is therefore a kind of self-auditing ecosystem consisting of digital values, in which the network hides every transaction that happens in ten-minute intervals. Each packets of these transactions is referred to as a “block”. Two important properties we observe from this are:
1. Transparent data is embedded within the whole network, by definition it is public.
2. It cannot be corrupted altering any unit of information on the block chain would mean using a huge amount of computing power to override the entire network.
What we do here at WebZino?
With our work with industry projects you can rely on WebZino unmatched industry expertise to help sail your block chain journey whether you are just starting it or moving actively into production. Our company is working best with the following companies or industries:
Global Financial Services Company:
Our team has developed solution to mingle legacy infrastructure to various block chain platforms.
US-Based Payment Network:
Cross-border payment project with main focus on enhancing customer experience and operational efficiency.
Large Global Retailer:
WebZino has developed supply chain solution for tracking and complaining automated differential payments calculation.
Benefits on connecting with WebZino: