Blockchain | Anjelstouch

Blockchain technology provides a secure and transparent way to protect your data. By using a decentralized network Anjel's Touch LLC ensures that your information is stored across multiple locations, making it nearly impossible for unauthorized access or tampering. Each is encrypted and recorded in a way that is traceable, providing you with peace of mind knowing your data is safeguarded. With blockchain, your privacy is our priority.

What is Blockchain?

Blockchain is a digital ledger that records transactions securely and transparently. Let's take a look below to see how this procedure unfolds.

Blockchain Procedure

Chain of Blocks

Each block in a blockchain holds a list of transactions that will be linked to the previous block, causing a chain to form.

Decentralization

Instead of being stored on one server, the blockchain is spread across a network of computers. Each node or computer has a copy of the entire blockchain.

Transparency

Everyone in the network can see the transactions, making the system transparent. Once data is added to the blockchain, it is visible to all participants and can't easily be changed.

Security

Each block is secured using cryptography making it extremely difficult to alter past transactions. Each block contains a unique code called a hash. If you change the information, the block's hash will change breaking the chain.

Consensus Mechanisms

Changes to the blockchain are agreed upon by the network through mechanisms like proof of work or proof of stake, ensuring that only valid transactions are added.

1. Transaction Creation

A transaction is initiated and broadcast to the network.

2. Verification

Nodes in the network verify the transaction's validity.

3. Block Formation

Verified transactions are grouped into a block.

4. Validation

The block is validated through a consensus mechanism.

5. Addition

The validated block is added to the existing blockchain.

6. Distribution

The updated blockchain is shared with all nodes in the network.

Bottom Line

If the company you use is not using the blockchain procedure, your network and data could be very vulnerable.

What can blockchain do for your business?
Look below!
Tap or click to see slideshow below.

Blockchain removes middlemen, creating a direct link between parties. This decentralization increases trust among everyone involved.	One of the significant benefits of blockchain for businesses is that it reduces operational costs.
Blockchain can securely manage patient records, ensuring they are unchangeable and accessible only by authorized parties.	Blockchain improves customer engagement by bringing access, transparency, simplification, and trust to business processes.
Smart contracts help organizations automatically handle significant transaction amounts, such as those that run across supply chains.	Blockchain provides a secure and immutable platform for managing digital identities, reducing the risk of identity theft and fraud.

Blockchain Procedure

Chain of Blocks

Decentralization

Transparency

Security

Consensus Mechanisms

1. Transaction Creation

2. Verification

3. Block Formation

4. Validation

5. Addition

6. Distribution

Bottom Line

What can blockchain do for your business? Look below! Tap or click to see slideshow below.

Blockchain removes middlemen, creating a direct link between parties. This decentralization increases trust among everyone involved.

One of the significant benefits of blockchain for businesses is that it reduces operational costs.

Blockchain can securely manage patient records, ensuring they are unchangeable and accessible only by authorized parties.

Blockchain improves customer engagement by bringing access, transparency, simplification, and trust to business processes.

Smart contracts help organizations automatically handle significant transaction amounts, such as those that run across supply chains.

Blockchain provides a secure and immutable platform for managing digital identities, reducing the risk of identity theft and fraud.

What can blockchain do for your business?
Look below!
Tap or click to see slideshow below.