Is blockchain the right technology for your mobile app?

When an app requires increased transparency and enhanced control over data, blockchain appears to be the appropriate technology to apply. Many financial institutions design and implement mobile apps to facilitate their business operations and enhance the customer experience.

What is blockchain & how does it work?

Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

What is IBM Blockchain for Dummies?

Now in its 3rd edition, IBM’s Blockchain for Dummies has introduced blockchain to more than 68,000 readers. Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.

What is a blockchain node?

Blockchain nodes can be any kind of electronic device that maintains copies of the chain and keeps the network functioning. Every node has its own copy of the blockchain and the network must algorithmically approve any newly mined block for the chain to be updated, trusted and verified.