Blockchain Technology Use on Transactions of Crypto Currency with Machinery & Electronic Goods

Apoorva Ganapathy
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Apoorva Ganapathy: Senior Developer, Adobe Systems, San Jose, California, USA

American Journal of Trade and Policy, 2016, vol. 3, issue 3, 115-120

Abstract: The blockchain technology used in cryptocurrency transactions with machinery & electronic goods deals with keeping the transactions secure by using blockchain technology so that cryptocurrencies can buy machinery and electronic goods. Currently, transactions from cryptocurrency based on blockchain networks can be done securely. The name is coined from the arrangement of records. Single records are referred to as blocks. They are also connected in a list known as chains. Transactions on the blockchain network can be kept secure. Cryptocurrencies can be used just like regular centralized currencies for any kind of transaction on the blockchain network.

Keywords: Blockchain; Cryptocurrency; Bitcoin; Hashgraph; Nodes (search for similar items in EconPapers)
JEL-codes: D23 (search for similar items in EconPapers)
Date: 2016
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