What Kind of Data Can Blockchain Store?

Blockchain storage stores data in a decentralized network that uses idle, hard disc space from people worldwide. The decentralized architecture is a viable alternative to centralized cloud storage and can address many issues that plague centralized systems. The purpose of a blockchain is to allow the recording and distributing of digital information to all participants but never editing. One can use a blockchain to store a variety of data (election votes, product inventories, state identifications, home deeds, and so on); Bitcoin only uses it to create a transparent log of payments.

By |2022-03-29T11:47:01+05:30March 23rd, 2022||Comments Off on What Kind of Data Can Blockchain Store?

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