Blockchain is simply a new type of database. Rather than traditional databases (SQL or NoSQL) that are controlled by single entities , blockchain can be shared by a group of non-trusting parties without requiring a central administrator.
Read moreWhere is blockchain data stored?
Blockchain does not store any of its information in a central location . Instead, the blockchain is copied and spread across a network of computers. Whenever a new block is added to the blockchain, every computer on the network updates its blockchain to reflect the change.
Read moreIs MongoDB used in blockchain?
Using MongoDB Atlas in a blockchain When a blockchain is created, each block needs to be stored in a central location so that the blockchain itself can be queried or add new blocks to the chain. MongoDB Atlas, the database-as-a-service cloud solution from MongoDB, is perfect for storing a blockchain ledger .
Read moreIs MongoDB Decentralised?
BigchainDB and MongoDB are building the core characteristics of blockchains – decentralized control , immutability and asset autonomy – on top of a mature distributed database that has a rich feature set, monitoring and backup tools that enterprises trust.
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