Decentralized

With blockchain technology, ownership of digital assets can be regulated and secured more directly and efficiently, as it provides a complete and immutable record of data.

All data is simultaneously stored in encrypted form on different computers and servers worldwide. These computers are called nodes. Each transaction is thus stored decentrally. Even if several of the nodes fail, the data can be retrieved reliably.

These are digital contracts that are embedded in program code and whose algorithm automatically executes contract terms. They thus replace human or manual transactions and ensure decentralized execution of contracts. Smart contracts are stored anonymously and forgery-proof in the respective blockchain.

Data is stored simultaneously on different computers, called nodes.