| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
organization |
open-blockchain |
| open-blockchain |
hasPrincipalInvestigator |
2482a533b100c51b082644502f2b86e0 |
| open-blockchain |
type |
Project |
| open-blockchain |
comment |
Investigating The Potential Of Blockchains |
| open-blockchain |
label |
Open Blockchain |
| open-blockchain |
depiction |
open-blockchain.png |
| open-blockchain |
homepage |
http://blockchain.open.ac.uk/ |
| open-blockchain |
name |
Open Blockchain |
| open-blockchain |
page |
open-blockchain |
| open-blockchain |
Description |
A blockchain is a publicly shared immutable ledger � an append only log of transactions
which uses crypto-currency techniques to minimise any security risk. Transactions
are contained in blocks which are linked together through a series of hash pointers.
Any tampering of a block can be detected since the hash pointer to it would no longer
be valid. As a ledger system it is very open. In addition to the source code being
openly available a key feature of blockchains is that in principle every user has
their own copy of the entire blockchain. In fact, there is no central or master copy
simply the multiple copies held by the volunteers in the user community. Volunteers
are rewarded for their effort through a number of algorithmic processes which can
result in payment. Small payments can be attached to individual transactions. Consensus
on what types of blocks and transactions can be part of the blockchain is automatically
reached according to whether the majority of blockchain holders accept newly proposed
blocks. This attribute leads to a system where consensus is hardwired into the software.
Without the need for any central control or mediator blockchains allow for leaderless
democracy - a new way of governing human behaviour online through "one computer one
vote". In this way, a blockchain can act as a provenance protocol for sharing data
across disparate semi-trusting organizations. |
| open-blockchain |
Description |
A blockchain is a publicly shared immutable ledger – an append only log of transactions
which uses crypto-currency techniques to minimise any security risk. Transactions
are contained in blocks which are linked together through a series of hash pointers.
Any tampering of a block can be detected since the hash pointer to it would no longer
be valid. As a ledger system it is very open. In addition to the source code being
openly available a key feature of blockchains is that in principle every user has
their own copy of the entire blockchain. In fact, there is no central or master copy
simply the multiple copies held by the volunteers in the user community. Volunteers
are rewarded for their effort through a number of algorithmic processes which can
result in payment. Small payments can be attached to individual transactions. Consensus
on what types of blocks and transactions can be part of the blockchain is automatically
reached according to whether the majority of blockchain holders accept newly proposed
blocks. This attribute leads to a system where consensus is hardwired into the software.
Without the need for any central control or mediator blockchains allow for leaderless
democracy — a new way of governing human behaviour online through ‘one computer one
vote’. In this way, a blockchain can act as a provenance protocol for sharing data
across disparate semi-trusting organizations. |
| open-blockchain |
in dataset |
kmifoaf |
