From the course: Learning Cryptography and Network Security
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Examining blockchain technology
From the course: Learning Cryptography and Network Security
Examining blockchain technology
Blockchain technology can ensure data security, integrity, and transparency. In this segment, we'll describe the basics of blockchain technology and encryption's role in providing data security and integrity. One technology that takes advantage of cryptographic techniques is blockchain, a distributed ledger technology that has been around since 2009 and continues to gain a lot of attention. Many are familiar with its use in mining Bitcoin. However, that is only one of the many uses for blockchain. Blockchain is used in many different industries, including supply chain management, entertainment, and real estate transactions. Let's visit IBM's website where we can learn more about blockchain. And I'll scroll down where we can see some of the key elements of a blockchain. Now some of the reasons blockchain technology is so appealing is it's a distributed ledger technology where all participants have access to the distributed ledger. It's public yet private. No one can see your…
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