Difference between conventional database and Blockchain?

Introduction: Blockchains are popular because of the underlying technology that provides a highly accurate, immutable and transparent database. Blockchains are a dissected and decentralised system that is influenced by their numerous actors.For further details, check https://bitqt.biz/

“So what is the fundamental difference between a conventional database and blockchain?” is a very common question that arises in the mind of people looking out for an upgrade to store data.

To answer this question, we need to look at the key points listed below.

( Database Administrator). The DBA is usually hired by just one company, so the company that employs the DBA has a higher success rate, with other investors having the least stake in the success of the business. The other stakeholders of the business would never know if any changes have been made in the database. On a more negative note, if any competitor is willing to buy off the DBA, they could nefariously make changes to the database.

Conclusion:

However tricky, blockchains present themselves as the future storage spaces for data. Their fair, transparent, immutable and accurate nature draws them a safe passage for completely replacing traditional databases.

We hope this article has thrown light on your perception of blockchains and traditional databases, and how they are different from each other.

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