Blockchain Technology

Decentralized & Immutable

Blockchain is one of the most promising technology of 2017 and is quickly being adopted by major financial institutions to replace traditional methods for processing transactions. This is thanks to its main characteristics of being immutable,safe and decentralized.

Combination of Blockchain Technology & Xeohive

XeoHive is committed to being completely open and is thus integrated with blockchain technology to give its users the benefits of security and transparency. All signals will be timestamped and openly available for verification.
  • Synergy
  • Enforce Security
  • Decentralized Investments

What is Blockchain technology?

Blockchain is the underlying technology for cryptocurrencies such as Bitcoin and Ethereum. However it is much more than that and its applications are wide ranging from patents to identity verification.

Adopted by banks and other financial institutions to replace traditional methods, blockchain is not only an advancement in the world of technology itself but is also more secure, transparent and fast, something expected to reach the top sooner or later!
  • Promotes Transparency
  • Highly Secured & Reliable system
  • Robust Structure, less prone to failures

Advantages of Blockchain Technology

These are some of the key advantages that makes the combination of blockchain technology into Xeohive a major asset.

  • Decentralized System
  • Blockchain is the epitome of decentralization. It promotes transparency and is not tied to any central authority but instead runs as a p2p system where each node/user have the exact same data.
  • Extreme Security
  • Blockchain emcompasses high level encryption algorithms and public/private key pairs for each transaction. The level of cryptography involved within the system makes it extremely secure and robust.
  • Immutable Data
  • Blockchain runs on the premise of secure immutable data which means that unlike traditional systems, the stored data cannot be hacked or tampered with. Once a data is transmitted across the network, it cannot be modified by anyone and is permanent.
  • Robust & Reliable
  • Blockchain technology does not have any single point of failure as each node/user contains the required data and can basically act as the network. This makes the concept of blockchain extremely robust and reliable.
  • Open Source
  • The majority of blockain system are open source and readily available to the general public ensuring full transparency. This also allows for contributors to ensure the security of the system by constantly checking for any bugs in the code.
  • Distributed Database
  • Blockchain acts as a distributed database where each node/user normally have the full data contained within in and can act as the network making it highly secure against targetted attacks on the network. The data is also permanent and immutable hence ensuring its legitimacy.

Blockchain & Finance