Guest Lecture on BLOCKCHAIN TECHNOLOGY

Blockchain, the foundation of Bitcoin, has received extensive attentions recently. Rlockchain serves as an immutable ledger which allows transactions take place in a decenträlized manner. Blockchain-based npplicntions arc springing up, covering numerous fields. iricluding financial services, reputation system and Internet of Things (IoT), and so on The primaiy goal of blockchain iS tO allow digital information to be recorded anddistribiited, hiit not edited.Inthis is the foundation tvs irnmutableledgers, or records of traiisactiOIlS that cannot be altered, deleted, or destroyed.To make aware the sludents about the blockchain competition so.ftware companiesA blockchain is “a distributed database that maintains a continuously growing list of ordered records, collcd !ocks.” Tliese blocks are linked using cryptograplij. Each block contains a cryptograpliic hash of the previous block, a timestamp, and transaction data. A blockchain is a decentralized, distributcd and public digital ledger that is used to record transactions across many computers so that the record cannot be nltered 1-ctrnactively without the alteiatican of all subsequent blocks and the consensus of the network