BLOCKCHAIN

The main characteristics of blockchain

From transparency to resilience to reliability

N.2/2024 · 1 February 2024

What truly makes a blockchain unique, beyond its association with cryptocurrencies? The article explores the founding characteristics of this technology, describing it as a distributed, decentralized digital ledger that records transactions securely and transparently through a network of interconnected nodes.

Beyond decentralization and security, the article analyses transparency, resilience and reliability — the latter guaranteed by data immutability. An important clarification runs through the whole piece: blockchain and cryptocurrency are related but not the same thing, and blockchain's applications extend well beyond the monetary sphere. In the full PDF: the main characteristics of blockchain in detail.

Originally published in Il Giornale dell'Ingegnere (CNI), 1 February 2024.

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