BLOCKCHAINX

VA R I O U S
T E C H N O L O G I E S T H AT
S U P P O RT
BLOCKCHAIN
Presented by shyam kumar P
S U M M A RY O F About Blockchain & Types
Smart contract
CONTENTS Anti-counterfeiting / encryption technology
Consensus algorithm
OUR MAIN P2P network
TOPICS TODAY
 In the blockchain, the records of transactions that occur
in the network are stored in a block of records called a
ABOUT "block". In addition to the transaction record, each block
BLOCKCHAIN stores information called a hash value that indicates the
& TYPES contents of the previous block *. The data structure in
which the generated blocks are connected in
chronological order is exactly the reason why it is called
a blockchain.
Smart contract
Anti-counterfeiting / encryption technology
Consensus algorithm
P2P network
S M A RT A "smart contract" is a mechanism that programs
contract behavior and attempts to execute it
CONTRACT automatically. A smart contract is an agent program that
runs on the blockchain, and it is possible to describe
various business processes such as making a contract
when specific conditions are met (the degree of
feasibility depends on the blockchain development
company).
ANTI- In the blockchain, public key cryptography is used to
realize secure transactions with the other party using
COUNTERFEITI electronic signatures, and the transparency of
NG / transactions and privacy protection are achieved by
sharing ledger information.
E N C RY P T I O N
TECHNOLOGY
CONSENSUS In the blockchain, which does not have a centralized
administrator, the ledger information is shared by
ALGORITHM everyone on the network, so the entire consensus is
formed. The method of making such an agreement is the
"consensus algorithm". There are multiple consensus
algorithms, such as Proof of Work (PoW) used for
Bitcoin and Endorse + Ordering Service used for
Hyperledger Fabric.
P2P NETWORK The P2P network plays the role of data management in
the blockchain. Unlike the client-server model, P2P
networks enable users to share information and
cryptocurrency exchange software by having each
terminal called a node communicate directly on an equal
footing without having a specific server or client.
When information is aggregated and managed on the
server side like an existing payment system, that is a
weak point at the time of failure (single point of failure),
but in the case of blockchain, all users have the same
information. This allows you to maintain your system in
the event of multiple node failures.
 QUESTIONS?
CLET
O MUS
M KNOW!
ENTS?

ADDRESS
NO. 2 C.M.Nagar, Ramakrishnapuram, Coimbatore, Tamil
Nadu 641006

PHONE
+917708889555

EMAIL
blockchainx.tech@gmail.com
 See you on Social Media

FACEBOOK TWITTER INSTAGRAM

Presentations are Presentations are Presentations are
communication tools that can communication tools that can communication tools that can
be used as demonstrations. be used as demonstrations. be used as demonstrations.