About CYF4 Blockchain
CYF4 Blockchain is a private blockchain document management technology that uses secure cloud storage and QR-code document verification. It’s easy to use by any organization that is in need of confirming that documents exist in their original unmodified state and verify integrity of documents.
Some use cases can be found here >> ..
Running a business? See what CYF4 Blockchain can do for you >> …
Our Key Advantages:
- Ease Of Use: Do not need to be a professional to set up your own private blockchain
- QR-Code and Preview (PDF documents): Tool for quick verification of documents
- Enhanced Security: Certified Microsoft Azure cloud data storage with multi-level encryption
- Ability to Add or Delete Records
- While the CYF4 Blockchain will allow end-users to add documents/records to the blockchain, it will also allow end-users to delete a document/record. Adding or deleting records in the CYF4 Blockchain is done through a voting process.
Difference between Public and Private blockchains
PUBLIC BLOCKCHAIN
Public blockchain, which are known primarily for supporting Crypto-currencies, are open to access by the general public and are available to any node that wishes to download the Blockchain. Critics of Public blockchain believe that there is a privacy risk because everyone can download a Public BlockChain and access the history of transactions.
PRIVATE BLOCKCHAIN
Private blockchain (or permissioned blockchain) are different from Public blockchain, in that only authorized end-users can access the Private blockchain. In Private blockchain, nodes must be granted access to participate, view transactions, and deploy consensus protocols. Because transactions listed on a Private blockchains are private, they ensure an extra layer of confidentiality. Because Private blockchains have restricted access, and nodes must be specifically selected to view and participate in a network, some argue that Private blockchain grants more confidentiality to users. Private blockchain are considered the most realistic way to adapt blockchain technology into a business process in order to maintain a high level of confidentiality.
New CYF4 Blockchain Registration
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