Skip to main content

What is BaaS? How does Blockchain-as-a-service (BaaS) Work

Explaining Blockchain-as-a-service (BaaS)AWS (Amazon Web Services) Blockchain

A Blockchain here in the purest form by definition is a database or a ledger of all the transactions continuously growing list of data. Born from bitcoin in 2008, blockchain’s promise of a distributed ledger has far more significant implications than cryptocurrency. However, by Bitcoin, many are reminded of the WannaCry ransomware attack that happened back in May 2017. So, Is there any interdependence between those two, or are they two separate entities.
The blockchain is a public electronic ledger. Primarily a database, which stores an unalterable record of transactions between users, each one time-stamped and linked to the former one so it cannot be altered or replicated. Each digital document or transaction in it is called a block, and the string of blocks is a chain, hence the name.

Comments

Popular posts from this blog

Overview of WordPress and WP Engine

WordPress is an open-source content management system (CMS) that powers approximately 40% of all websites on the internet. It allows users to host their own instances or utilize managed hosting solutions like WP Engine. WP Engine is a prominent managed WordPress hosting provider that serves over 1.5 million customers globally, offering tailored solutions for businesses and agencies, including eCommerce and headless configuration. Recent Controversy Between WordPress and WP Engine Uncover the details behind the WordPress and WP Engine dispute—click to read more:  " Conflict Between WordPress and WP Engine " Key Issues The relationship between WordPress, led by Automattic CEO Matt Mullenweg, and WP Engine has recently become contentious. Mullenweg publicly criticized WP Engine, labeling it a "cancer to WordPress," primarily due to its practice of disabling the revision history feature in WordPress. This feature is crucial for data protection, allowing users to track c...

Office Workers Vs Remote Workers: Which one performs the best & Why?

The booming global industry has resulted in many small and medium-sized companies coming up, offering various goods and services, filling the demand gap in the market. As employment rises, companies are looking for solutions to tackle the rising expenses and are looking to cut back wherever possible.  In comes remote working; where employees can work from the comfort of their homes and companies can save on devices and infrastructure. This is where the topic of office workers vs remote workers arises. Let’s analyze which is the better among the two. Read More

Four Ways AI is Influencing the e-commerce Industry

AI is practically in every possible area by now including e-commerce. It needs no formal introduction. There are so many articles about how Artificial Intelligence has stretched its legs to almost every possible roads and is being continuously experimented upon. Today, we will be discussing its hold over the realm of e-commerce and the benefits of artificial intelligence in e-commerce. https://www.hitechnectar.com/blogs/four-ways-ai-e-commerce-industry/ AI has been helping the e-commerce section for quite a long time from now and is vigorously enhancing its functions for better accuracy and results. The use of artificial intelligence in the e-commerce industry are several with some of the primary applications being: Chatbots and Virtual assistance Omnipresent customisation Email Automation AI-driven predictive analytics models & lead scoring Chatbots and Virtual assistance Whether it is artificial intelligence e-commerce platform, or AI healthcare platform or th...