Blockchain is the underlying technology behind Bitcoin which powers the entire cryptocurrency landscape. It is a marvelous example of cryptography that offers a high-level security and privacy to the user data. Blockchain is in fact a digital ledger that stores information in a series of blocks that are cryptographically linked together by blockchain. It creates an immutable and tamper-proof record of the stored data that can’t be deleted or modified at any time. In case of Bitcoin and other Cryptocurrencies, Blockchain is used to store transactional data and facilitates online transactions.
Blockchain also provides a high level of transparency to the user data as the ledger is shared among all the nodes in the network. In blockchain, you can actually see all the transactions made by different users. At the same time, it also provides some level of anonymity as the original identity of the user is not unveiled. Instead, what you see is a hexadecimal code which is actually the public key of the cryptocurrency user who makes a transaction.
Why Choose Oodles Technologies?
We, at Oodles Technologies are pioneers in building high-octane blockchain based applications for our clients. We have a proficient team of Blockchain Application Developers with an vast experience in building high-quality decentralized apps (DAPPs). We have an extensive portfolio of clients from all over the world and strive to deliver top-tier Blockchain Development services at the most competent price. Apart from that, we also have our expertise in Cryptocurrency Development, Asset Management, Bitcoin Wallet Development and Smart Contract Development.
No comments:
Post a Comment