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{"id":683,"date":"2018-03-10T14:42:53","date_gmt":"2018-03-10T04:42:53","guid":{"rendered":"http:\/\/thedigitaljournal.net\/?p=683"},"modified":"2022-10-17T17:04:35","modified_gmt":"2022-10-17T07:04:35","slug":"blockchain-is-already-shaking-things-up","status":"publish","type":"post","link":"https:\/\/thedigitaljournal.net\/blockchain-is-already-shaking-things-up\/","title":{"rendered":"Blockchain is already shaking things up…"},"content":{"rendered":"
Blockchain is either the first or second most popular phrase these days when discussing Artificial Intelligence and Machine Learning and it is surprising how few actually know about the technology itself, let alone the applications that it has for business. \u00a0To explain the technology, Blockchain is a series of transactions or records on a ledger. \u00a0Which might sound simple enough and not exactly revolutionary, but in the case of blockchain technology, the ledger is both encrypted and shared (or distributed) across a set of peers or networks. \u00a0As records are created, added, maintained or deleted they include the typical information of a ledger in the encrypted format and then added to the chain across the shared versions. \u00a0Its the sharing aspect that adds more security as there is no single point of control on the blockchain and a single point of failure. \u00a0The capability of corrupting the blockchain would take considerable computing power as it would need to infiltrate the entire network rather than a single point.<\/div>\n