Our wallets are no longer holding cash, it’s about electronic transfers and plastic cards. Our phones are now the bankers, with security our greatest risk. We are all applying blind faith with our internet surroundings and financial transactions. Identity theft is extensive, and we have no Idea where our data is stored. Few understand the way the internet and money markets work.
By using Blockchain technology, business and have security and knowledge, customers have privacy and confidence when ordering goods. Blockchain can link contracts with valuables and finance, with levels of history and security not seen before. All this without human contact, delivered quickly and efficiently, peer to peer.
The finance industry is moving away from big institutions and global databases. Peer to peer banking, lending and transactions will eventually be normal.
Blockchain is a product you can’t buy in a shop, and you will never see its components. It’s there but you won’t hear it, see it, or feel it. It is completely transparent. Your only measure of its success is the way it moves your transactions, its speed, accuracy and security. With this in mind, DataSafe has built it’s own blockchain dashboard to track products and transactions quickly and easily from within our user interface.
Blockchain can be a network of computers that store the same transaction data in every PC. This data is called a ‘distributed ledger’. Data is added to the chain, in blocks. Each block is time stamped in order of transaction and verified before being accepted into the chain. Users add to the blocks with each transaction. The distributed ledgers must be updated, approved. No external companies hold your data, and, in the future, there will be no requirement to use browsers like Google Chrome or Firefox. Every transaction can be completed directly with your customer using your IP addresses. This method creates truth in transactions and secures the details of all transactions for all parties.
Any individual or company can use Blockchain. Peer to peer means direct access to each computer without the use of intermediate browsers or databases.
The contents of your blocks are entirely up to you and the type of transaction you want to make. Unless you are a member of the ‘chain’ you will be blocked. No more missed transactions or human errors and you won’t loose your information or be fraudulently exploited.
Watch Our Blockchain