Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the antiquity of any digital asset unchangeable and transparent through the use of subsidiarity and cryptographic hashing. Creating a decentralized distribution change can be business altering and a major time-savior.
A quick overview for your understanding:
- Digital assets are distributed instead of transferred
- The asset is decentralized, allowing full time real access
- A transparent ledger of changes preserves integrity of the document, which in turn creates trust in the asset.
Why should you use block chain technology for your business?
- It is promising and revolutionary
- Diminishes risk
- Nifty tool for prevention of fraud
- Brings about transparency in a scalable way for multiple users.
Jerseyitech helps you share valuable data in a protected and transfer proof manner through efficient usage of block chain technology.