Computer Science Homework Help

Lamar University Blockchain Discussion

 

This week’s discussion centers around the concept of Blockchain.  There is still much confusion regarding what Blockchain is and what it is not.  Please discuss your explanation of Blockchain to include why it has been gaining so much popularity.

Please make your initial post and two response posts substantive. A substantive post will do at least two  of the following:

  • Ask an interesting, thoughtful question pertaining to the topic
  • Answer a question (in detail) posted by another student or the instructor
  • Provide extensive additional information on the topic
  • Explain, define, or analyze the topic in detail
  • Share an applicable personal experience
  • Provide an outside source that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
  • Make an argument concerning the topic.

provide 2 replays for below

Blockchain ensures encryption of data and information. Encoding makes information uneasily accessible becoming secure (Vasanthi et al., (2021). Bringing much information in one stockpile and developing a standard code that will allow end-to-end encryption diminishes the chances for hackers to break passwords and gain access to the information systems. Blockchain allow information stored to change simultaneously from one form to another (Roehrs, 2021). (s)

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By using distributed ledger transactions, blockchain allow information to be recorded in multiple chains. Authorized access to all the networks allows information to be viewed simultaneously, increasing visibility and mitigating the occurrence of data breaches in an organization.