Tech giant IBM gets two blockchain patents for security and database management from its application to the United States Patent and Trademark Office (USPTO). IBM now seeks to target network security using blockchain technology through one of its patent the other one seeks to improve the inefficiency of database management systems due to their bulk and streamlining blockchain to offer a solution.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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