A SURVEY OF HOW SECURE THE BLOCKCHAIN TECHNOLOGY COMPARED TO OTHER TRANSACTION TECHNOLOGY AND OTHER INVESTMENT PLAN
G.Suganya1, Divya Mudaliar2
ABSTRACT
Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain is a database that stores data in blocks in which it is linked together in a form of a chain. These blockchains use cryptography to store data in blocks. Different types of information are used for storing information on a block chain but the most commonly used transaction has been a ledger.“In another words, the digital ledger is like a Google spreadsheet shared among a number of computers in a network, in which, the transactional records are stored based on actual purchases. In the network of several people included anybody can see the data, but they can’t corrupt it”. This paper we are proceeding with how secure the blockchain technology is, and the investment type based on this technology.
Key words: Blockchain, Cryptography, Digital Ledger