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By distributing tasks across various devices, these applications can handle large amounts of data and
traffic, ensuring a seamless, scalable, and responsive experience across multiple devices and locations.

Blockchain

Blockchain refers to a decentralised system of recording information that makes it difficult or impossible
to change, hack, or cheat the system. Every business runs on information and blockchain is a shared
ledger on which transactions are recorded and assets (tangible or intangible) in a business network.
Tangible assets include houses, cars, cash, lands, etc., and intangible assets include intellectual property,
patents, copyrights, branding, etc.

Factbot

Blockchains use various consensus
algorithms, such as Proof of Work (PoW),
Proof of Stake (PoS) and Delegated Proof
of Stake (DPoS) to validate transactions
and maintain network integrity.

#Emerging Technologies 15