Real Estate
Introduction
A blockchain,
originally block chain, is a growing list of records, called blocks, which are
linked using cryptography. Each block contains a cryptographic hash of the
previous block, a timestamp, and transaction data. By design, a blockchain
is resistant to modification of the data.
Decentralized Peers
Rather
than the centralized “Hub and Spoke” type of network, Blockchain
is a decentralized peer to peer network. Where each NODE has a copy of the
ledger.
Legacy Network Blockchain
Network
Centralized DB Distributed Ledgers
How Blockchain
Technology Works
