May

GTBS Chain – a new advancement in the field of Blockchain.   What is Blockchain? Blockchain is a distributed ledger technology where data is stored: Distributed — stored across thousands of nodes. Immutable — cannot be changed or deleted. Transparent — validated by validators, secured by consensus mechanisms. Trustless — no central authority needed. Blockchain technology enables systems where users can transact, build applications, manage digital assets, and automate processes with global security and efficiency. Why should you use a blockchain system? The main advantage of a blockchain system over traditional databases is its ability to facilitate updates from multiple parties who do not trust each other, without the need for a centralized intermediary that all parties must implicitly trust. Because the consensus mechanism requires these entities to verify that the system's constraints are met before allowing any changes to the system's state, users can trust the integrity of ...