Houston Startup Makes Use Of Blockchain To Make Good Contracts, Automate Payments

W3C is a voluntary requirements consortium that convenes companies and communites to assist structure productive discussions around current and emerging technologies, and presents a Royalty-Free patent framework for Web Recommendations. We focus primarily on client-side technologies, and additionally have a mature historical past of vocabulary (or “ontology”) growth. W3C develops work based on the priorities of our members and our group.

Assets can be tangible, such as houses or cash, or they are often intangible, corresponding to patents or copyrights. A blockchain consists of ordered information organized in a block structure. Each data block incorporates a hash , timestamped batches of current transactions, and a hash of the previous block .