The All-Pervasiveness of the Blockchain Technology

  title={The All-Pervasiveness of the Blockchain Technology},
  author={Dmitry Efanov and Pavel Roschin},
Conceptually, the blockchain is a distributed database containing records of transactions that are shared among participating members. Each transaction is confirmed by the consensus of a majority of the members, making fraudulent transactions unable to pass collective confirmation. Once a record is created and accepted by the blockchain, it can never be… CONTINUE READING