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Blockchain Smart Contract Theory Behind

The smart contract in Blockchain is a kind of software application that works without human intervention based on the transaction logs and provide a solution to the user request. 
I want to share the back end mechanism in the Smart Contract of Blockchain.

Smart Contract Mechanism What is Smart ContractA smart contract is a protocol which can auto-execute, facilitate, verify, or enforce the negotiation of a contract.Agreement between two parties you can say as a contract.Incorporating the rules of the physical contract into the computing world, you can say as a smart contractBlockchain supports you to create smart contracts.Smart Contracts are self-executing programs which run on the blockchain and are capable of enforcing rulesUsing Blockchain as a platform and making an agreement or contract between more than two parties, you can say as Smart Contract.Traditional Markets  4 Top Benefits of Smart ContractCurrently, smart contracts are being used only in Crypto CurrenciesNow Smart Contra…

Cloud Storage as a Service Basics(1 of 3)

Cloud storage is a model of networked enterprise storage where data is stored in virtualized pools of storage which are generally hosted by third parties. Hosting companies operate large data centers, and customers that require their data to be hosted buy or lease storage capacity from these hosting companies.

The data center operators virtualize the resources according to customer requirements and expose them as storage pools, which the customers can use to store data. Physically, the resource may span multiple servers and multiple locations. The safety of the data depends upon the hosting companies and on the applications that leverage the cloud storage.

Cloud storage is based on highly virtualized infrastructure and has the same characteristics as cloud computing in terms of agility, scalability, elasticity, and multi-tenancy. It is available both off-premises and on-premises. 

While it is difficult to declare a canonical definition of cloud storage architecture, object storage is reasonably analogous. Cloud storage software such as OpenStack Cinder, cloud storage products like EMC Atmos® and Hitachi Content Platform, and distributed storage research projects like OceanStore or VISION Cloud are examples of object storage and infer the following guidelines.

Cloud storage is:

  • Made up of many distributed resources but still acts as one; often referred to as federated storage clouds. 
  • Highly fault tolerant through redundancy and distribution of data. 
  • Highly durable through the creation of versioned copies. 
  • Typically eventually consistent with regard to data replicas. 


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