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    Blockchain Technology

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    Mk Enterprise Jamuria
    Under the guidance of Mr. Ashish Das, Ms. Mithu Mal, and Lecturer BCP, students Nidhi Kumari, Harsh Kumar Yadav, and Satyam Kumar presented on blockchain technology. Blockchain is a distributed ledger that stores transaction data across a network of computers. It allows digital information to be recorded and distributed in a way that makes edits or deletions impossible. There are public, private, consortium, and hybrid types of blockchains that vary in their levels of decentralization and security. Blockchain brings transparency without the need for a central authority and is becoming increasingly important across many industries.

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    Blockchain Technology

    Uploaded by

    Mk Enterprise Jamuria
    219 views11 pages
    Under the guidance of Mr. Ashish Das, Ms. Mithu Mal, and Lecturer BCP, students Nidhi Kumari, Harsh Kumar Yadav, and Satyam Kumar presented on blockchain technology. Blockchain is a distributed ledger that stores transaction data across a network of computers. It allows digital information to be recorded and distributed in a way that makes edits or deletions impossible. There are public, private, consortium, and hybrid types of blockchains that vary in their levels of decentralization and security. Blockchain brings transparency without the need for a central authority and is becoming increasingly important across many industries.

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    Blockchain Technology ppt

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    Under the guidance of Mr. Ashish Das, Ms. Mithu Mal, and Lecturer BCP, students Nidhi Kumari, Harsh Kumar Yadav, and Satyam Kumar presented on blockchain technology. Blockchain is a distributed ledger that stores transaction data across a network of computers. It allows digital information to be recorded and distributed in a way that makes edits or deletions impossible. There are public, private, consortium, and hybrid types of blockchains that vary in their levels of decentralization and security. Blockchain brings transparency without the need for a central authority and is becoming increasingly important across many industries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    219 views11 pages

    Blockchain Technology

    Uploaded by

    Mk Enterprise Jamuria
    Under the guidance of Mr. Ashish Das, Ms. Mithu Mal, and Lecturer BCP, students Nidhi Kumari, Harsh Kumar Yadav, and Satyam Kumar presented on blockchain technology. Blockchain is a distributed ledger that stores transaction data across a network of computers. It allows digital information to be recorded and distributed in a way that makes edits or deletions impossible. There are public, private, consortium, and hybrid types of blockchains that vary in their levels of decentralization and security. Blockchain brings transparency without the need for a central authority and is becoming increasingly important across many industries.

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    Department of Computer science and Technology

    Under the guidance of, Presented By,


    Mr.Ashish Das Nidhi Kumari ( Registration No : D202101947 )
    Miss.Mithu Mal Harsh Kumar Yadav ( Registration No : D202101945 )
    Lecturer, BCP Satyam Kumar ( Registraion No : D212220145 )
    What is Blockchain Technology?
    A blockchain is a distributed database or ledger that is shared
    among the nodes of a computer network. As a database, a
    blockchain stores information electronically in digital format.
    Blockchains are best known for their crucial role in cryptocurrency
    systems, such as Bitcoin, for maintaining a secure and
    decentralized record of transactions. The innovation with a
    blockchain is that it guarantees the fidelity and security of a
    record of data and generates trust without the need for a trusted
    third party.
    1. Public Blockchain
    These blockchains are completely open to following the idea of decentralization. They don’t have any
    restrictions, anyone having a computer and internet can participate in the network.

    2. Private Blockchain
    These blockchains are not as decentralized as the public blockchain only selected nodes can participate in the
    process, making it more secure than the others.

    3. Consortium Blockchain
    It is a creative approach that solves the needs of the organization. This blockchain validates the transaction
    and also initiates or receives transactions. It is also known as Federated Blockchain.

    4. Hybrid Blockchain
    It is the mixed content of the private and public blockchain, where some part is controlled by some
    organization and other makes are made visible as a public blockchain.
    Why is Blockchain important?
    Blockchain is an especially promising and revolutionary
    technology because it helps reduce security risks, stamp out
    fraud and bring transparency in a scalable way.
    Originally popularized in the 2010s by its association with
    cryptocurrency and NFTs, blockchain technology has since
    evolved to become a management solution for all types of
    global industries. Today, you can find blockchain
    technology providing transparency for the food supply
    chain, securing healthcare data, innovating gaming and
    overall changing how we handle data and ownership on a
    large scale.
    How Does Blockchain Work?
    The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. In
    this way, a blockchain is the foundation for immutable ledgers, or records of transactions that cannot
    be altered, deleted, or destroyed. This is why blockchains are also known as a distributed ledger
    technology (DLT).
    First proposed as a research project in 1991, the blockchain concept predated its first widespread
    application in use: Bitcoin, in 2009. In the years since, the use of blockchains has exploded via the
    creation of various cryptocurrencies, decentralized finance (DeFi) applications, non-fungible
    tokens (NFTs), and smart contracts.
    Transaction Process in Blockchain
    Conclusion

    The Bitcoin is the first successful implementation of blockchain. Today, the world has found
    applications of blockchain technology in several industries, where the trust without the involvement
    of a centralized authority is desired. So welcome to the world of Blockchain.
    Blockchain technology is only going to grow in the fields of business, finance, law, medicine, and real
    estate. Whether you’re an experienced Blockchain developer, or you’re aspiring to break into this
    exciting industry, enrolling in our Blockchain Certification Training program will help individuals with
    all levels of experience to learn Blockchain developer techniques and strategies.
    References
    1. https://en.wikipedia.org/wiki/Blockchain
    2. https://www.investopedia.com/terms/b/blockchain.asp
    3. https://www.pngegg.com/en/search?q=blockchain+Technology
    4. https://www.simplilearn.com/tutorials/blockchain-tutorial/why-is-blockchain-important
    5. https://www.geeksforgeeks.org/advantages-and-disadvantages-of-blockchain/
    6. https://builtin.com/blockchain
    Made By : Mr. Scientist

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