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What is Consensus Mechanism in Blockchain System?

iFour Team - March 18, 2019

What is Consensus Mechanism in Blockchain System?

Blockchain technologies top the lists of 2018’s hot trends. Many blockchain consulting companies already back their products with blockchain technologies. Competitors use different approaches to emphasizes different aspects and pitching them as features to their customers. So here we will know some particular aspects of Blockchain technologies that is “Consensus Mechanism”. A consensus is a fault trace Mechanism useful in Blockchain systems to achieve agreement single state of the network...

Blockchain Component: Merkle Tree

iFour Team - March 15, 2019

Blockchain Component: Merkle Tree

Blockchain is an emerging innovative technology which is making a tremendous impact on many software development companies. It has great benefits most importantly the security feature. That’s why it has impelled many blockchain development companies to adopt the technology for building smart contracts. In this blog, let us understand the importance of the Merkle tree in Blockchain in detail.   Table of Content 1. How do Merkle tree relate to Blockchain? 2. Uses of Merkle...

Blockchain technology for e-governance

iFour Team - March 14, 2019

Blockchain technology for e-governance

Blockchain has gained a spectacular success in a short time. Since its launch, it has been on the headlines and expecting it to be one of those trending technologies that would make a marvelous impact on the fast-paced digital world. Blockchain has been a game-changing technology that is underpinned with cryptocurrencies like Ethereum and Bitcoin that eventually closed the doors for hacking activities. Not just with blockchain software development companies, it is also very helpful in E-Governance...

Popular Blockchain Platforms: Bitcoin, Ethereum, Hyperledger and Quorum

iFour Team - February 27, 2019

Popular Blockchain Platforms: Bitcoin, Ethereum, Hyperledger and Quorum

The blockchain is a digital ledger of economic transactions, which programmed across a peer-to-peer network. Using the Blockchain Technology, participants can confirm transactions without any need for a central clearing authority. Many Blockchain Consulting companies are currently active using some of the Blockchain Platforms like Bitcoin, Ethereum, Hyperledger and Quorum. We here by discuss their basic key points.   Bitcoin What is Bitcoin? Bitcoin...

Block, Blockchain and Distributed Ledger Technology

iFour Team - February 20, 2019

Block, Blockchain and Distributed Ledger Technology

When it comes to the latest innovative technologies which made a path-breaking impact on the digital world, the Blockchain would be the one that clicks our mind. It is gaining great traction because of its impeccable advantages. The best thing about Blockchain is that it is impossible to hack. Underpinning the cryptocurrencies like Ethereum and Bitcoin with it, Blockchain has gained a splendid success across different verticals. In fact, there were number of innovative blockchain ideas were...

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