From the course: CCSP Cert Prep: 1 Cloud Concepts, Architecture, and Design
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Blockchain
From the course: CCSP Cert Prep: 1 Cloud Concepts, Architecture, and Design
Blockchain
- [Instructor] The second emerging technology that you'll need to understand for the CCSP exam is blockchain technology. The blockchain is in its simplest description, a distributed immutable ledger. This means that the blockchain can store records in a way that distributes those records among many different systems located around the world, and do so in a matter that prevents anyone from tampering with those records. The blockchain creates a data store that nobody can tamper with or destroy. The first major application of the blockchain is cryptocurrency. The blockchain was originally invented as a foundational technology for Bitcoin, allowing the tracking of Bitcoin transactions without the use of a centralized authority. In this manner, blockchain allows the existence of a currency that has no central regulator. Authority for Bitcoin transactions is distributed among all the participants in the Bitcoin…