The blockchain is a transformative technology which has disrupted many industries. It is a powerful and secure technology that backs the entire Cryptocurrency domain. To put into terms, Blockchain is a distributed Peer-to-Peer ledger containing a series of blocks that are cryptographically linked to form an extensive database. Each block can accumulate a small patch of data in chronological order and the data is protected by the most advanced form of cryptography. All the transactions pertaining to Altcoins are recorded on the blockchain. Any changes made on a single record will be reflected on the other blocks. Thus, Blockchain offers a high-level security as the records are tamper-proof. It also brings transparency for the users as the information stored on Blockchain is shared with all the nodes in the network.
The blockchain is an immutable public ledger where records can’t be deleted or altered at any moment. Besides, the real identity of the users is not revealed in the blockchain. Rather, it displays an alphanumeric code which happens to be the wallet address of the users.
Why Choose Oodles Technologies?
We, at Oodles Technologies, are one of the leading providers of Blockchain Development Services. We have more than 3 years of experience in Blockchain Application Development and we strive to deliver best-in-class development services at competitive prices. We have a skilled team of Blockchain Developers that build high-quality web and mobile applications based on Blockchain. We also have our expertise in building Smart Contracts, Cryptocurrency Exchange Platforms