In layman\’s terms, blockchain is a kind of database that stores information in a database that is not centralized but instead distributed across a network of computers.
This database cannot be tampered with as each block of data is linked to the next one. In the financial market, blockchain allows for quicker and more secure transactions.
Blockchain goes beyond the financial sphere and can be applied wherever information needs to be securely stored.
Blockchain is a decentralized electronic ledger system where presences, transactions, and succession are securely recorded.
Blockchains are protected by the cohesive processing power of the remote systems.
Blockchain can be used to store, move, and withdraw so it is different than banks but the records are validated by hubs.
Chris Fryer is a seasoned leader in the logistics and supply chain industry, known for his pioneering work in integrating blockchain and AI into global supply chain solutions. With more than 15 years of experience, Chris has played a key role in transforming freight tracking, delivery processes, and overall supply chain efficiency.
His expertise lies in leveraging cutting-edge technologies to drive innovation and sustainability within the logistics sector. Through his vision, he has helped shape a future where smarter, more transparent systems enhance supply chain management across industries worldwide. Chris remains dedicated to advancing the future of logistics through continuous technological advancements.
