Post
Topic
Board Development & Technical Discussion
Re: What kind of data can be stored on the blockchain ?
by
shield132
on 08/07/2018, 19:06:44 UTC
I know that a block comprises of transaction hashes but what if I want to make my business data completely available on the blockchain. What are the types of data that can be stored on the blockchain ? I did research on google but I didn't get the answer I needed which is why I have posted it here.
Can a blockchain store everything that a normal database can  ?
If you want to make your business very transparent, then there is a time of integrating blockchain technologies. It's like uploading datas in different places.
For example I can take Georgia, they integrated blockchain land titling with the help of Bitfury. In this situation there is an extra layer of protection because there is no central point of failure.
Also there was an idea from our amazing member to use blockchain for gold and aids. This will help us to get rid of illegal aid sells and gold falcification because all of them will have data. His idea is that every piece of gold will carry digital signature which will be tracked as crypto assets on blockchain.