Blockchain is a distributed digital ledger that records transactions that automatically encrypt every 10 minutes in a process called "hashing." Each hash completes the latest block in the blockchain. This technology was originally intended to secure Bitcoin, and later other cryptocurrency transactions, but its adoption and application are expanding.
Image courtesy wix.com
This ability promises to vastly improve product integrity and financial integrity and security in the digital marketplace. You could safely say we are entering an era of the Internet of trust.
The rest of this article will discuss what is meant by some of the terminologies...
The IoT will integrate into the blockchain, along with the highly beneficial feature of smart contracts, to improve our lives dramatically.
Lantah’s vision is to make these possibilities a reality for you.
Back when I started out in the business world, fragile electronic equipment was shipped in boxes that had an analog device attached to them. It looked much like the bubble tube you find in a leveler.
If the box was exposed to a heavy impact, the tube would be red in color indicating such an impact occurred and that the contents inside may have been compromised. The company purchasing from the manufacturer had the rig...