What makes a blockchain technology a unique technology ?

A Blockchain, originally blockchain, is a growing list of records, called blocks, which are linked using cryptography. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". A blockchain, originally blockchain, is a growing list of records, called blocks, which are linked using cryptography.

With the increasing demand for the blockchain technology and digital currency, the businesses are trying to get ahead of the innovation curve and develop blockchain projects. Probably, they believe that there are not many great blockchain developers in the market, but they are wrong. They might not be looking in the right place or don’t have a required value proposition to hire a proficient blockchain developer.

Top six features of Blockchain that make it so unique:

Decentralized :

The decentralized nature of blockchain technology means that it doesn't rely on a central point of control. A lack of a single authority makes the system fairer and considerably more secure. As a blockchain is a ledger of information it is extremely important that the information being stored is honest and accurate.

Immutability

Once an entry is registered on a public blockchain then it is apparent for the world to see. It cannot subsequently be changed, modified or altered and therefore provides a time-stamped version of ‘the truth’.

Transparency :

All the data in the block is visible to the public and thus transparent. While blockchain technology has an obvious application in the trading of cryptocurrency, its premise can be used across the internet.

Data Integrity :

Data quality is referred to as “data integrity.” It is maintaining and assuring the accuracy and consistency of data over its entire life-cycle. Data integrity means that the data is accurate and reliable. In most companies, there are areas where important business decisions are routinely made based on data.

Efficiency and cost reduction :

By reducing the reliance on centralized record-keeping entities the technology has the potential to lower costs and improve the efficiency of business processes in certain circumstances.

Cryptographically secure :

There are various mechanisms for securing blockchains ranging from Bitcoin’s original Proof of Work (PoW) to the more recent Proof of Stake (PoS).

Therefore The future could be dominated by blockchain technologies. A traceable global currency complete with an efficient infrastructure will not only result in massive cost reduction for all market participants, but it will also change the global banking system as we know it. Cryptocurrency will do for payments what email did for communication.

If you have to make a blockchain technology unique then I would like to recommend the Codezeros Company. The Codezeros is one of the leading organizations when it comes to making blockchain unique. They have dedicated developer and team and they will bring your idea into reality with your recommended features. They serve their services in all over the world. They are reasonable in cost. So, without any hesitation, you should go with the Codezeros Company.

Services they provide:

ICO Development
Blockchain Development
Smart Contracts
DApps Development
Wallet Development
Cryptocurrency Development
Blockchain Consulting
Hedera Hashgraph
Why choose Codezeros?

The team of Codezeros is always ready to discuss with you all the possibilities that can help you. They provide a one-stop solution to their clients. They provide technical support 24 * 7, they deliver an on-time project, they are reasonable in cost. Codezeros company give projects delivery on-time, it gives best quality service, it also gives full technical support.

Hope it was helpful ,

Support my crypto community:

Instagram : @Cryptohacks.in
@Lifewithblockchain

Quora - Sarang Prajapati

thanks for reading :)