In simple words block is a digital information and chain is database. Block chain carriers no transaction costs but any block (digital information) will contain 3 main data in it. The first one is date, time and amount, secondly the participant’s info of the transaction and finally the information that differentiates it from other blocks. On the whole a block chain is multiple blocks strung together. Thus block chains are highly resistant to any modification of data.
At Eibs we have experienced developers working in the field of block chain application development like decentralized block chain applications, logistics and banking sectors related applications etc. Based on customer requirements in securing the datum and based on the functionality, we suggest block chain technology.
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