Category: Blockchain

Preface – This post is part of the Blockchain Basics series. Introduction Many times you might have transacted money from ATM. That particular transaction results in deduction of some amount from your bank balance and the same amount you might have received from the ATM. This transaction happens at a particular instant of time. This…

Preface – This post is part of the Blockchain Basics series. Introduction In the world of database, hashing is a very famous term. Either it is used to sort a table based on hash keys or to encrypt a data using hash function. In this article we will discuss only the second part that in…

Preface – This post is part of the Blockchain on SAP Cloud Platform series. Introduction Smart contracts brought a new vision to improve for existing enterprise systems. These enterprises have multiple ledgers/data base with replicated data that is based upon duplicated business logics. The only problem with the smart contracts that was stopping their use in…

Preface – This post is part of the Blockchain on SAP Cloud Platform series. Introduction Bitcoin was the first cryptocurrency launched in late 2008. Bitcoin is based on blockchain. Since then many techno players have launched multiple platforms based on Blockchain. In 2015, several companies interested in blockchain technology realized that they could achieve more by…

Preface – This post is part of the Blockchain on SAP Cloud Platform series. Introduction Everybody is well aware with bitcoin. Bitcoin is the first cryptocurrency based on blockchain. Apart from cryptocurrency, this blockchain can be used as a platform for other data based sectors. Keeping this in mind, a private blockchain network was introduced by…

Preface – This post is part of the Blockchain Basics series. Introduction A block in a Blockchain is the smallest unit which contains list of records known as transaction data, a timestamp (i.e. a  UNIX time) and cryptographic hash (mainly SHA-256) of previous block (hash converts the previous block data into a fixed length of…

Preface – This post is part of the Blockchain Basics series. Distributed Database A Relational Distributed Database is a database management system which utilizes the Primary Key(PK) and Foreign Key(FK) relationship. Almost every ERP solutions use Relational database. In simple context, this database divides all data based on relations among them. For example, data of…

Preface – This post is part of the Blockchain Basics series. Introduction A database (DB) is an organized collection of information, just like a notebook, where you can read, write, update and delete data. It is one of the essential tools of all the organizations using computer technology. A database is also known as ledger.…