Blockchain A Technology Of Trust Training Ppt
This set of slides showcases the role of consensus mechanism, provenance, immutability, and finality in making a blockchain trust-building technology.
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PowerPoint presentation slides
Presenting Blockchain A Technology of Trust. Our PowerPoint experts have included all the necessary templates, designs, icons, graphs, and other essential material. This deck is well crafted by extensive research. Slides consist of amazing visuals and appropriate content. These PPT slides can be instantly downloaded with just a click. Compatible with all screen types and monitors. Supports Google Slides. Premium Customer Support is available. Suitable for use by managers, employees, and organizations. These slides are easily customizable. You can edit the color, text, icon, and font size to suit your requirements.
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Content of this Powerpoint Presentation
Slide 1
This slide contains information about the consensus mechanism in the blockchain along with its various examples such as proof of work, proof of stake, delegated proof of stake, proof of capacity etc.
Slide 2
This slide provides information regarding the definition of provenance with an example and how blockchain uses the concept of provenance to generate trust.
Slide 3
This slide indicates the immutability feature of blockchain which makes it trustworthy. It also includes details of the benefits of blockchain immutability such as data integrity, simplified auditing, and increased efficiencies.
Instructor’s Notes:
Multiple benefits of blockchain immutability are as follows:
- Data Integrity: When data is entered into a blockchain network, it requires approval of all the other nodes in the blockchain. Once the approval is given, the data gets added to the blockchain
- Simplifies Auditing: Blockchain’s distributed ledger can produce a complete history of business transactions making auditing an easy process for the organization
- Increases Efficiencies: Blockchain helps an organization save time and cost in audits and data validations, helping it focus on increasing operational efficiencies
Slide 4
This slide explains the importance of finality in trust generation in blockchain technology. It also contains information regarding the introduction and different types such as probabilistic, and absolute finality.
Instructor’s Notes:
Different types of finality in blockchain are as follows:
- Absolute Finality: In the blockchain, a transaction is immediately considered finalized once it is included in a block. Usually, this happens when the protocols used are based on PBFT (Practical Byzantine Fault Tolerance)
- Probabilistic Finality: If the chances of a transaction being reverted are high in the blockchain, it is known as probabilistic finality. It happens in the rare event of forking in a blockchain
Blockchain A Technology Of Trust Training Ppt with all 20 slides:
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