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A blockchain allows a network to maintain a shared record of transactions according to agreed rules. Instead of asking o

A blockchain allows a network to maintain a shared record of transactions according to agreed rules. Instead of asking o — "How Does Blockchain Create Trust Wi…

Ideas in this flowchart

  • Blockchain Functionality
  • Shared Record of Transactions
  • Network Maintenance
  • Agreed Rules
  • Decentralized Validation
  • No Central Institution
  • Cryptographic Mechanisms
  • Consensus Mechanisms
  • Ledger Maintenance
  • Digital Value Transfer
  • Without Traditional Bank
  • No Central Record Keeper
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A blockchain allows a network to maintain a shared record of transactions according to agreed rules. Instead of asking o

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"How Does Blockchain Create Trust Without a Bank?"

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