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10 Ways Blockchain will Disrupt the E-Commerce Industry

10 Ways Blockchain will Disrupt the eCommerce

A Brief Look at Blockchain Technology Blockchain is basically a ledger; a distributed one. All transactions that occurred on that particular Blockchain are recorded and then stored on the ledger in a form of block data. Once the ledger successfully stores a transaction, it can be removed. This means that with each transaction, the longer the chain of data blocks become. One of the implications of this is that the complete history of transactions from the recent ones to the first entry is available for verification always. A complex cryptography protects all the data recorded in the distributed ledger and when...