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Analysis

Blockchain is Improving Privacy and Security of Business

As we all know that blockchain provide the infinitely security to our data. We can compare it to any of other government system for security purposes. The basic concept behind the blockchain technology is to provide the more or more security. Actually it is used for transaction of digital currency. A currency which is not in real but virtual. This technique will learn how we can secure our data to lose or redundancy.

 

What concept behind the blockchain technology? Why it is so important for security purposes? We will discuss these things in this article. Blockchain works on peer-to-peer networking system. It is a decentralized system. Decentralized System means it server is not centralized. It works on distributed system. This quality make it beneficial for business.

 

Things that Improve the Security and Privacy of Business

 

Blockchain also uses an Ad-hoc message passing system. To understand before Ad-hoc message passing system first we need to know its network system. What is Ad-hoc network? Ad-hoc network is also work distributed system. Means it doesn't have any base station to control the flow of message. Ad-hoc network gives the permission of every node to forward the information to each-other. Node is a term of block which contain some information. There are many number of nodes present in a station. Each station have a number of node.

 

After having the information about ad-hoc network we return to ad-hoc message passing system. Message passing, as its name explained it passes the message. And blockchain use this method to ad-hoc network. Means it helpful to pass the information (message) of a node to another node without having a base station. This indicate that it also work on distributed system. And decentralized environment is the nature of blockchain.

 

Blockchain also work on peer-to-peer networking system. This is an example of distributed network system. But here a question is raised that why blockchain always use a distributed network system. It's all about for security and privacy purposes. If it work on centralized based system then it is easily to crack. Because it means all the information are collected in a location. So if someone tries to gain these information then it is very easily to access all the private data. To remove this problem blockchain using a decentralized network system. It doesn't have all the information a place. While it records these information in distributed manner. Which in turns to keep the private data infinitely secure and maintain the privacy.

 

All these methods are using by blockchain to improve the security and privacy of data. Which is beneficial to our business. Apart from these blockchain also used some algorithms. I'll discuss this in my article that which algorithm is used by blockchain.