Published on 06/20/2018 | IoT Index
Who are the best blockchain companies to work with or to invest in? Find out in our June market map.
Blockchain is a series of records/data (blocks), linked in a chronological order and encrypted. This way, data inside is secure, decentralized and impossible to modify. Every transaction has a key and Mining is the process of verification and adding new transactions.
Due to concerns about security, fraud prevention and faster transactions, companies are reviewing and evaluating blockchain. Besides efficient money transfers, it could prove positive for peer-to-peer payments, crowdfunding, intellectual property, non-governmental organizations, and even banks.