Block Convey
  • ⛓️Block Convey
  • Introduction
  • Blockchain Technology
    • Taxonomies of blockchain system architecture
    • Drivers & Enablers of Blockchain Technology
  • About Block Convey
    • Vision
  • Block Convey Blockchain Infrastructure
    • Existing Blockchains
    • Intra and Interoperability
    • Blockchain Trilemma
    • BlockConvey Blockchain
    • BlockConvey Protocol Components
    • Interoperability
    • Multi Party Computation
  • Network Topology
    • BlockConvey Network Distribution
    • Authority Node Network
    • Master Node Network
    • Light Node Network
  • Blockchain Consensus Mechanisms
    • Proof of Authority Consensus
    • Conditions for Proof of Authority Consensus
    • Limitations
  • Utility Token
    • Utility Token VS Security Token
  • Summary and Suggestion
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About Block Convey

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Last updated 1 year ago

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Block Convey was conceptualized with a mission to drive the next phase of blockchain solutions to enterprises and individuals. Companies are now discussing more composing topics such as creating and producing commodities on demand, dematerialization, and disintermediation, rather than software, algorithms, and automation robotics. Integration of AI and blockchain will affect various factors, such as safety and transparency. Blockchain can solve a variety of challenges in a modern manufacturing environment.

The blockchain protocol is defined based on the system architecture of a permissioned private network. We want to divide the network topology into Validator nodes, masternodes, and light nodes. The Network topology will be explained later in the paper.

Figure 3.1 Difference between the blockchain architectures of a public permissionless ledger (left) and a private permissioned ledger (right). Source: Froystad P, Holm J. Blockchain: powering the internet of value
Figure 3.1 Difference between the blockchain architectures of a public permissionless ledger (left) and a private permissioned ledger (right). Source: Froystad P, Holm J. Blockchain: powering the internet of value