Blockchain Solutions | Basic Flow | Transparency | Financial | Biodiversity Credits | Governance | Digital Traceability
Visual Representation
- Chain of Blocks: Each block is a “container” of data.
- Contents of a Block:
- Data (e.g., transaction records, supply chain entries, contracts)
- Timestamp (records when the block was created)
- Hash (unique cryptographic fingerprint of the block)
- Previous Block Hash (links each block to the one before it)
Core Principles Highlighted in the Flow
- Immutability – Once data is recorded in a block and confirmed by the network, it cannot be altered without changing all subsequent blocks.
- Chronological Linkage – Blocks are connected in sequence through hashes, forming a permanent, tamper-evident ledger.
- Decentralization – No single authority controls the blockchain; multiple participants validate and share identical copies of the ledger.
- Transparency – All participants can view and verify records, ensuring trust and accountability across the system.
Purpose of the Flow
To demonstrate how blockchain ensures trust, security, and data integrity in digital ecosystems by showing the progression from data → block → chain → distributed ledger.