We provide block-chain technology solutions and consultancies from industry experts, ranging from end-to-end services, smart contracts based, marketing advisory, token theory and security audits.
Block-chain is radically improving supply chains, banking and other business networks, as well as creating new opportunities for innovation.
Constellation Daily Marketing Services uses block-chain technology to enable safe data-sharing. Our technology partner, who delivers a reliable and proven technology infrastructure.
Block-chain technology holds a number of unique attributes that enable collaboration and safe data sharing:
Immutable data. Data once entered into a block-chain infrastructure cannot be changed.
The possibility to exchange data between contributors in the block-chain safely.
A distributed ledger. One immutable history of a VIN.
How Block-chain Works
The data sent to each block on the distributed ledger is based on encrypted files, which is a technical way of saying that no fraudulent transactions can be recorded.
If any transaction that does not follow protocol rules is detected by the network nodes, it is expelled immediately. This inherently secure nature of distributed block-chain technology means that it prevents damage to the entire block-chain shared database and can cut off a hacking attempt at one block.
Block-chain technology provides a dynamic shared ledger that can be applied to save time when recording transactions between parties, remove costs associated with intermediaries, and reduce risks of fraud and tampering.
What really gives rise to all these opportunities in any Organization sector is the notion of the smart contract and its decentralized computation. Which brings us to our next question…