Blockchain is a database that stores a constantly growing list of records (blocks). These records are organized in a strict sequence, and each subsequent record stores some information about the previous record. Such a database is stored on users ‘ computers (it does not have a single server) and everyone who keeps the database has its full copy and new records are added to all existing copies.
The blockchain is there to protect us from fraud within the network, making the transaction very easy and transparent! However, this technology can also make the product manufacturing process more transparent. We are talking about beauty and health products, where the quality of raw materials is very important. This is why we are using blockchain at LCMS — to ensure the transparency and veracity of reviews on the platform.
