Recently, Inery Blockchain (supported by 'FINTECH VENTURE AG & LTD') has released its decentralized storage and database solution. A new blockchain is being launched known as INERY -- a Switzerland-based project that is built to help secure data with the power of Blockchain technology. Inery is being supported by Fintech Ventures, and it is crucial to note that they have recognized great potential in the Inery Blockchain and they’re supporting its unique idea on which this project is built for decentralization. More so, with long experience in finance, technology, especially DeFi, Fintech Venture sees a good long-term cooperation with the Inery Blockchain project. Inery blockchain enables all users to analyze, store, and transmit data locally from a server and remotely by API services. Most blockchains and databases don't address the user's data's low latency, security, and privacy, but Inery presents a distributed database whose blockchain utilizes blockchain to decentralize data while assuring safety and reducing data breaches.
Therefore, it is not wrong to say that Inery is an ideal solution for many businesses around the globe that want to benefit from decentralized blockchain technology. Unlike its competitors, Inery eliminates the issues many blockchains have to deal with to this day.
The Inery blockchain
Blockchain is a peer-to-peer distributed ledger with a growing list of immutable records, called blocks, cryptographically linked across the nodes. Each block carries a cryptographic hash of the previous block as well as transaction data. Blocks have specific storage capacities and, when filled, are chained onto the previously served block, forming a chain of data known as a blockchain. Blockchains are decentralized, secure, immutable, and extremely fault tolerant making them suitable for record management activities, i.e., financial transactions, identity management, provenance, and authentication.
Continue reading: https://finance.yahoo.com/news/inery-blockchain-releases-decentralized-storage-051900350.html
Therefore, it is not wrong to say that Inery is an ideal solution for many businesses around the globe that want to benefit from decentralized blockchain technology. Unlike its competitors, Inery eliminates the issues many blockchains have to deal with to this day.
The Inery blockchain
Blockchain is a peer-to-peer distributed ledger with a growing list of immutable records, called blocks, cryptographically linked across the nodes. Each block carries a cryptographic hash of the previous block as well as transaction data. Blocks have specific storage capacities and, when filled, are chained onto the previously served block, forming a chain of data known as a blockchain. Blockchains are decentralized, secure, immutable, and extremely fault tolerant making them suitable for record management activities, i.e., financial transactions, identity management, provenance, and authentication.
Continue reading: https://finance.yahoo.com/news/inery-blockchain-releases-decentralized-storage-051900350.html
