2018-7-9 21:08 |
Blockchain technologies have been made popular by the creation of bitcoin, but how exactly can a blockchain benefit an enterprise?
The foundational pieces that comprise a blockchain model are already in place in one fashion or another within most enterprises.
They have not, however, been pieced together with the required technology components to produce the benefits of a blockchain.
The concept of consensus
Blockchain implementations rely heavily on the concept of consensus, for this is the determining factor for who can write to the blockchain.
For bitcoin, this must be done in a distributed manner so no single person can own the entire blockchain.