Features:- Transaction


Blockchain is a type of distributed ledger or a decentralized database that keeps records of digital transactions. Instead of the central administrator as a traditional database (banks and governments), the main ledger distributes the network to replicate databases synchronized over the Internet and is visible to everyone on the network. The Blockchain network can be a private limited membership similar to the public, such as the Internet, available to every online viewer in the world.

When a digital trans action occurs, it is grouped in a cryptographic sequence, protected by other transactions that occurred in the past and sent via a network block. Miners (members of a network of high - powered computing forces) are competing for the confirmation of transacti ons by solving complex encoded problems. The first miner to solve the problem and confirm the block receives a reward.

The confirmed transaction block is then marked and added to the line in a linear chronological order. New certified transaction blocks a re linked to older blocks, which are blocks - of - blocks that display each transaction made in the history of that block - of - blocks. The whole chain is constantly updated, so each book online is the same, giving each member the ability to prove who owns it at any time.


How A Blockchain Transaction Works


A novel Telemedicine/Pharmacy software system (called DriveThruDoc) is being developed under the guidance of CCGI. It is being designed with the goal of transcending global barriers in medicine, secondary to blockchain technology, fueling the use of BancCoin currency and Smart-Contract scripts in the healthcare arena.


A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most attractive allure, is its organic nature. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.


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