Can a blockchain be used to verify or store a document on the blockchain?

0 votes
People say that blockchain can be used to store and verify documents. But I've heard that bitcoin is meant for facilitating transactions. In that case is it possible to store documents and files. Is there any blockchain implementation for specifically storing and reviewing files.
May 10, 2018 in Blockchain by Shashank
• 10,330 points

1 answer to this question.

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
0 votes

Bitcoin is decentralized payment syatem. It was designed to send virtual currencies over the network, it is however used as a messagaing system and file transfer service as it allows to send some additional informational payload to transaction.

However, blockchain concept could be used for many other purposes. Ethereum platform is better for developing such use cases whuc involves document verification and storing of information. Ethereum implements priciple which says that code is law. So, you can code anyting on the platform and deploy it on the network. The services you are looking for is thus suitable for ethereum or many other blockchains but bitcoins.

answered May 10, 2018 by Johnathon
• 9,070 points

Related Questions In Blockchain

0 votes
2 answers
+1 vote
1 answer
+1 vote
3 answers

Is it possible to store data about arbitrary objects on the blockchain using smart contracts?

Consider following tutorial from Hyperledger Fabric "Getting Started" pages. Basically ...READ MORE

answered Aug 30, 2018 in Blockchain by Artem
+1 vote
1 answer

Is it possible to store blockchain in a sql or no-sql database?

Currently, following are the options to store ...READ MORE

answered Apr 20, 2018 in Blockchain by Perry
• 16,450 points

edited Aug 9, 2018 by Omkar 45 views
0 votes
1 answer

Protocols used in a distributed/dlt system for the nodes to establish communication

yes all are over TCP/IP connections secured by TLS encryption in hashgraph architecture-hashgraph, ...READ MORE

answered Aug 6, 2018 in Blockchain by ariaholic
• 7,320 points
0 votes
1 answer

Truffle tests not running after truffle init

This was a bug. They've fixed it. ...READ MORE

answered Sep 11, 2018 in Blockchain by Christine
• 15,790 points
0 votes
1 answer

© 2018 Brain4ce Education Solutions Pvt. Ltd. All rights Reserved.
"PMP®","PMI®", "PMI-ACP®" and "PMBOK®" are registered marks of the Project Management Institute, Inc. MongoDB®, Mongo and the leaf logo are the registered trademarks of MongoDB, Inc.