What is blockchain evm (what does blockchain oec mean)

What is blockchain evm (what does blockchain oec mean)

According to IMEOS, the developers of EVM public chain Evm released a white paper in June 2018. The project was developed with the participation of former companies such as Intel, Microsoft, and IBM. According to its white paper, evm uses Ethereum as the blockchain network infrastructure and builds it based on the Hyperledger Fabric framework. Currently, multiple companies, including IBM, have begun to attempt development based on the EVM public chain Due to the adoption of a new distributed ledger technology by EVM, the entire system can safely manage data and assets; Simultaneously utilizing smart contracts to achieve ownership of control over both parties involved in the transaction; And it is possible to provide liquidity support for all accounts through decentralized governance solutions (similar to DPOS on EOS)

What does blockchain oec mean

Blockchain, also known as oec in English, is a consensus protocol that uses computer technology to achieve data trustworthiness, tamper resistance, and security. It is used to define a distributed ledger or smart contract system. Generally, this code consists of a set of node specific software programs: Bitcoin wallet address, Ethereum virtual machine and other blockchain based network service providers. (u.today)

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