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Databases Illuminated, 4th Edition
book

Databases Illuminated, 4th Edition

by Catherine M. Ricardo, Susan D. Urban, Karen C. Davis
March 2022
Intermediate to advanced content levelIntermediate to advanced
682 pages
22h 58m
English
Jones & Bartlett Learning
Content preview from Databases Illuminated, 4th Edition

12.8 Blockchain Technology

Blockchain technology is one of the newest developments in distributed data management that uses P2P computing to securely manage a form of data known as distributed ledgers. A distributed ledger is an append-only data log that is used to record transactions, such as financial or contractual activities, that occur among the peers in a network. The fact that a blockchain uses P2P computing means that transactions can be conducted without having a third party involved. For example, payments involving the transfer of money can be conducted between two parties without the use of a bank. Data can only be added to the blockchain in a time-sequenced order. As a result, data that is already in the blockchain can never be modified, ...

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Publisher Resources

ISBN: 9781284231595