TransactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More authentication is a digital signatureA digital signature is a cryptographic mechanism designed to provide proof of authority and authenticity in electronic form. In blockchain... Read More proving ownershipEvery transaction and block on a blockchain has an owner. An owner is any entity (person, group, or organization) with... Read More of a blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More asset. Transaction authentication prevents alteration of the transaction dataTransaction data is information that is stored on the blockchain and represents a record of a transaction. This data can... Read More by way of the asset owner’s private keyA private key is a cryptographic number that allows individuals to sign transactions and create new receiving addresses for their... Read More. This key is used to sign the transaction, ensuring that only the asset owner can authorize transfers.
