What is blockchain?

Blockchain technology (not to be confused with Blockchain Digital Wallet) refers to records that are connected and secured using cryptography. The data in a blockchain is statistically impossible to modify, and as such is used to permanently record information. One of the primary purposes of a blockchain is to record transactions between parties that are unreliable, such as bitcoin and other cryptocurrency transactions. Another is the secure recording of events, medical records, voting, and other types of records or data.

How We Can Help You

Infolob’s blockchain team can help you determine if blockchain technology will benefit your business, and if so, we can implement it for you. Identity management, sharing economy, crowdfunding, governance, supply chain auditing, and file storage are a few examples of blockchain uses that Infolob can assist your business with.

If you would like to know more about blockchain or see if it’s right for you, or if you are looking to implement it effectively, please contact us at engage@infolob.com.