Blockchain
A blockchain is a decentralized digital ledger in
which records relating to transactions are stored across a network of devices
in a chain. Its strengths lie in security and transparency, being theoretically
impossible to tamper with. That’s possible thanks to the use of cryptographic
algorithms and its chain-like nature that makes the data it stores immutable.
Opportunities
- Keep track of payments in a secure and immutable way
- Record all transaction data seamlessly and securely
- Execute smart contracts to automatically enforce
payment agreements