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TopIntroduction: Outline About The Blockchain And Its Importance
Blockchain technology includes decentralization, distribution, and validation characteristics. It is a low-level interface technology that offers stable and efficient data safety storage (Cohen et al. 2017) and control of access in a centralized network system (Wu & Duan. 2019) for network applications. In the context of block chain technology, the term “low-level interface technology” refers to the underlying technical infrastructure that makes it possible for the block chain network to be dispersed and decentralized.
This covers the protocols and algorithms that allow for the generation, validation, and verification of blocks of data, as well as the procedures for guaranteeing consensus among participants in the network without the need for a central authority to oversee the process.
The block chain network's safety as well as its integrity is protected by the low-level interface technology, which also incorporates the data structures and cryptographic procedures necessary for this purpose.
In a nutshell, the low-level interface technology that is utilized in block chain technology serves as the basis upon which the distributed, decentralized, and verifiable characteristics of the block chain network are constructed.
Blockchain technology is a distributed platform that includes IT encryption (Zhao. 2019), artificial intelligence, centralized cloud, Big data analytics, and security data protection (Hofmann et al. 2018; Shakeel. 2019; Dhote et al. 2019). Block chain’s decentralized architecture uses encryption technologies to keep network apps secure during user access. Encryption is the process of encoding data so that it can only be read again with an appropriate key or password. Encryption is employed in the context of block chain technology to safeguard things like user credentials and transaction details.
Block chain technology uses encryption to restrict network access to only those who have the necessary keys or passwords. This aids in warding off potential security concerns like hacking and data leaks.
While data is stored on several nodes in the network, block chain technology makes it harder for hackers to break into the system. Encrypted data stored on other nodes in the network will stay secure even if one of those nodes is compromised, preventing any data loss or theft.
Secure access control to network applications and the continued security of the system rely heavily on the usage of IT encryption in the distributed platform of block chain technology.
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