ENP Technologies

How secure are data and metadata on the Blockchain?

Secure Blockchain

Blockchain is often considered secure due to its cryptographic principles and decentralized nature.However, it’s important to distinguish between the security of data and metadata on the blockchain. Security of Data on the Blockchain: Immutability: Once data is added to a block and the block isadded to the blockchain, it becomes nearly impossible to alter. Thisimmutability enhances the […]

How can metadata on blockchain help reduce costs in shipping industry – Learn How to Use It Right

Picture a scenario where every transaction, every container, and everymile traveled is seamlessly interconnected through the blockchain. It’s asymphony of efficiency, cost-effectiveness, and reliability. Consider the impact on dispute resolution. No longer willdisputes linger in the murky waters of uncertainty. Blockchain’s immutableledger ensures that every detail, every agreement, is etched in digital stone.Disputes are swiftly […]

How can Blockchain help prevent sourcing duplicate spares – Learn How to Use It Right

Home Blockchain technology can be a powerful tool in preventing the sourcing of duplicate or counterfeit spare parts in the Oil and Gas Industry.  Here’s how it can help: 1. Immutable Records:  Blockchain stores information about spare parts, their origin, and their maintenance history in a secure and immutable ledger. This ensures that once data is recorded, it cannot be […]