BLOCKCHAIN POC (PROOF OF CONCEPT)
What is Blockchain?
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. Essentially, it is a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the Blockchain.
How it works?
Blockchain is based on a peer-to-peer (P2P) topology. It is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else’s entries in near real-time. That makes it difficult for one user to gain control of, or game the network.
What is Blockchain PoC?
Simply put, the blockchain Proof of Concept is the process of verifying that the idea has the potential in a real-world situation. It determines whether the project is feasible and will function as planned. This can be implemented as either a prototype or a Minimum Viable Product.