Blockchain Technologies and Techniques

How is transaction validation done on the blockchain?

Transaction validation on the blockchain is a key process. It ensures the ledger is secure and accurate. Validators, like miners or mining pools, check if transactions are real and if the sender has enough funds. Transactions are grouped into blocks. Cryptographic hash functions create unique digital signatures for each block. This makes the blockchain’s integrity…

Blockchain Technologies and Techniques

How can blockchain be used to track supply chains?

Blockchain technology was first used for cryptocurrencies but now helps with supply chain management. It makes a complete, clear, and safe record of all transactions. Big companies are looking into blockchain to make their supply chains better. They want to deliver products faster and cheaper, track them better, and make financing easier. Blockchain helps everyone…