Blockchain Application development


Blockchain Application development

Blockchain Application development

Blockchain technology can enhance the basic services that are essential in trade finance. At its core, blockchain relies on a decentralised, digitalised and distributed ledger model. By its nature, this is more robust and secure than the proprietary, centralised models which are currently used in the trade ecosystem.

Blockchain Development Technologies

  • Blockchain and Bitcoin are not the same
  • Data stored on blockchain is public
  • On the blockchain, private information is visible to everybody
  • There is only one blockchain
  • Smart Contracts are legal documents
  • Blockchain – a buzzword, nothing more