Monday, May 3, 2021

Because of these properties, BCT offers a way to execute processes in a trustworthy manner even in a network without any mutual trust between nodes. Furthermore, the parties involved in the transaction can rely on the blockchain technology to guarantee that transactions are carried out and transaction records can be regarded as trustworthy, there is no longer a need for a trusted third party to carry out these transactions.


via Francesco Lelli at the following url:

https://ift.tt/3ufe4IQ

This is a small description of the picture: Because of these properties, BCT offers a way to execute processes in a trustworthy manner even in a network without any mutual trust between nodes. Furthermore, the parties involved in the transaction can rely on the blockchain technology to guarantee that transactions are carried out and transaction records can be regarded as trustworthy, there is no longer a need for a trusted third party to carry out these transactions.

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