What Is Blockchain? Every Thing You Should Know

That makes it exhausting to return and rewrite or monkey with the older records. Academics have pointed out that this design existed earlier than Bitcoin, however Bitcoin introduced it to prominence. Interest in enterprise application of blockchain has grown since then because the know-how evolved and as blockchain-based software program and peer-to-peer networks designed for enterprise use got here to market. OpenChain is an open source blockchain platform for organizations that wish to handle and protect digital property. An administrator of an OpenChain blockchain will define the foundations used within the ledger. Users can then trade value on the ledger by adhering to the foundations.