Do You Need a Blockchain? Understanding When Blockchain Technology is the Right Fit

Blockchain technology has gained significant attention for its ability to facilitate secure, transparent interactions between mutually untrusting entities. However, despite its potential, blockchain may not always be the best solution for every application. This article explores the criteria for implementing blockchain and compares the use cases of permissionless and permissioned blockchains with traditional centralized databases.
What is Blockchain and How Does it Work?
A blockchain is a data structure designed as a chain of blocks. Each block contains a list of transactions and is linked to previous blocks using cryptographic hashes, making it highly secure and transparent. This design allows for integrity-protected data storage without needing a central authority.
read more here : https://treendf.com/Blockchain.co