DEVELOPMENT PLATFORM
Here, we don’t start with a preference for a blockchain. Rather, we start with a development approach orientation, and we build an app that backs into a blockchain infrastructure that could be served in the cloud. The goal here is rapid development, and you focus on the blockchain programmability.
APIs & Overlays
This approach uses the blockchain as an asset, ownership or identity-binding infrastructure, and you build applications with a specific focus on chains of proof, ownership rights, title registries or other specific services with a built-in trust-based component.
- A block is an unalterable digital box of encrypted data.
- It is data stored online on various servers all over the world.
- Every time one needs to add new information to the original data, a new block is formed, creating a chain
- When this happens everybody who has access to the blockchain gets a notification, which means it is impossible to tamper with the data without someone noticing it.
- This level of transparency creates instant trust between the government and the employers and the laborers, since no data can be changed without the other being alerted about it.
- Blockchain is live and active data, reacting to each other and executing various transactions automatically, if all the necessary conditions are fulfilled, reducing any need for human interventions.