#DCCTECH
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#Validate a blockchain using digital chip card technology
#This service values your privacy and aims to guarantee the credibility of the way your content is collected, processed, stored or shared.
#Digital telegrams on the blockchain
Primarily designed for hosting authentic digital assets,
DCCT Network is a blockchain system with up to three devices (nodes) connected to a common peer-to-peer (P2P) computer network.
The device can be a computer, tablet or smartphone.
Data transmission over the network is carried out by exchanging electronic messages in the form of
digital telegrams.
Compared to other blockchain systems that may involve multiple nodes in the chain (eg voting systems, supply chains, video streaming services, etc.),
DCCT Network is a more innovative, productive, transparent and cost-effective solution.
Unlike algorithms based on a large number of nodes and the use of inadequate computing that unnecessarily complicate the authentication of digital assets, DCCT Network verifies the transaction using data embedded in the transaction file itself, without referring to external links and sources.
As stated above, there are (up to) three nodes that make up
DCCT Network. Here's how it works:
- The first node in the queue is the one that initiates the transmission of the digital telegram (eg authentic digital asset (ADA) seller, payer's bank, cryptocurrency trader, digital video streaming provider, etc.).
A digital telegram is therefore a transaction file, as it encompasses data related to transactions within the blockchain (DCCT) network.
- On other occasions, the second node would be considered the "central authority", but in this case it is only one of the nodes in the common network.
In a way, this node can still act as a supervisor and mediator. For example, it can host an authentic digital asset or a message to be conveyed to the end user.
It also serves as a remote database server, providing information about completed transactions at any time through a web app and cloud-based software running in the background.
- The third node is a digital telegram receiver. For example, the recipient can be an authentic digital asset (ADA) buyer, a payee bank, a patient in a healthcare system, etc.
#How to achieve a consensus mechanism that all nodes (devices) in the blockchain agree on
A digital telegram transaction is considered final after all three nodes (devices) in the network have verified the data contained in the digital telegram.
Using the same data verification software, the three nodes make decisions completely independently of each other and inform each other of the outcome of the verification.
If the transaction is valid, a block of transaction data is formed and stored on the server that regulates the transaction (that's the second node in the queue).
That block of data automatically becomes available for download from both the sender's account (the first node in the queue) and the receiver's account (the third node in the queue) at any time of the day.
If the transaction data from any of the three nodes becomes unavailable for any reason, temporarily or permanently, it is still available for validation in the remaining nodes, even if only one node remains.
The stability and functionality of
DCCT Network are not subject to external influences, nor do they depend on changes within the system.
The files and metadata stored on
DCCT Network cannot be altered, forged or removed, which makes this platform suitable for transmitting confidential, encrypted information and guarantees the preservation of the authenticity of the digital assets hosted over there.
If necessary,
DCCT Network can be easily transformed into a chain of interconnected transactions thanks to the blockchain file structure and custom algorithms designed to enable this feature in the first place.
For more details on our blockchain solutions, please refer to this page.
#What is blockchain?
Blockchain is a decentralized database that is shared and synchronized among the nodes of a computer network and operates without the need for a central authority.
Once stored on the blockchain, a digital asset becomes virtually immutable, irreplaceable, irrevocable and available for validation at any time of the day.
The transfer of data over the blockchain network is called a transaction. A file that contains data related to a transaction is called a transaction file.
The transaction file is what we verify by validating the blockchain. It is presented in the form of a PNG file.
An innovative approach to the development of simple and reliable blockchain algorithms is provided by
digital chip card technology, or
DCCT for short.
DCCT Network is an intuitive and comprehensible blockchain system with up to three devices connected to a common peer-to-peer (P2P) computer network.
Compared to other systems that may involve multiple nodes in the chain,
DCCT Network is a more innovative, productive, transparent and cost-effective solution.
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