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Jamaica Money Market Brokers - March 2019
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WHAT IS THE “BLOCKCHAIN?”
The Cryptocurrency Term Defined
T he word
Thanks to this hash, previously added blocks cannot be modified in any way. You can only add new blocks. The use of mathematical, chained algorithms is what makes verifying transactions simple, subsequently making fraud detection relatively easy and prevents fraudulent transactions. In short, if someone tries to manipulate that blockchain in any way, changes to the hash can be identified and the manipulation stopped. This process makes cryptocurrency secure. Blockchains are not just useful for cryptocurrencies. Because they are a secure way to record >Page 1 Page 2 Page 3 Page 4
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