Select Page

Basics of Microsoft Azure Cloud platform’s latest technology: Blockchain as a Service (BaaS)

Blockchain is a secure, shared, distributed ledger. Secure-it uses cryptography on all the transactions and so that they’re impervious to fraud and establish a shared truth. Shared-the value of the Blockchain is directly linked to the number of organizations or companies that participate in each of the Blockchains. There is huge value for even the fiercest of competitors to share information across these database implementations.
Blockchain as a Service (BaaS)

Distributed-there are lots of replicas of the same database that are shared, in fact the more replicas there are just like peer-to-peer the more authentic the Blockchain backup becomes. Ledger-so the databases is append only just like a ledger and it’s an immutable record of every transaction that occurs, so it is never erased, and it is never changed.

Even the most intelligent crypto folks don’t quite remember accounting from high school, so a ledger Blockchain uses a distributed ledger to track transaction. A ledger is a write only database most commonly used in accounting. The digital distributed ledger creates the same copy of the database across all the participating nodes.

Recent Posts

What to Consider when Implementing DRaaS for ransomware protection

What to Consider when Implementing DRaaS for ransomware protection

According to Gartner, downtime costs more than $5,600 a minute; therefore, every business needs a reliable means of backup and disaster recovery. Disaster Recovery as a service (DRaaS) provides recovery in the cloud and is a cost-effective and highly efficient...

Downtime Cost: How to Calculate and Minimize it

Downtime Cost: How to Calculate and Minimize it

Downtime is bad for business. When applications, data and services are unavailable, business is disrupted, customers and stakeholders are unhappy, and regulatory authorities fine you. The true cost of unplanned downtime goes beyond lost revenue. How does one calculate...

Disaster Recovery as a Service (DRaaS) or On-Site DR Appliance?

Disaster Recovery as a Service (DRaaS) or On-Site DR Appliance?

Disaster Recovery-as-a-Service (DRaaS) delivers serverless recovery capabilities while disaster recovery (DR) appliances provide the on-prem secondary site that facilitates quick recovery. Which of the two is the best fit for you? Both deployment options have their...

FC SAN vs iSCSI SAN: What’s the Difference?

FC SAN vs iSCSI SAN: What’s the Difference?

Storage area networks (SANs) are a permanent fixture in corporate data centers used to host high-performance block-level structured workloads such as databases, applications, etc. If you’re familiar with SAN systems, then you’ve heard of Fibre Channel (FC) and iSCSI...

You May Also Like

Subscribe To Our Newsletter

Join our mailing list to receive the latest news, updates, and promotions from StoneFly.

Please Confirm your subscription from the email