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 blockchainA Blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a... 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 keyIn the context of cryptocurrency, a private key is a number that allows users to sign transactions and to generate... Read More. This key is used to sign the transaction, ensuring that only the asset owner can authorize transfers.
