Hash Definition | IoT ONE Digital Transformation Advisors

Terms Glossary H Hash

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	Hash

Hash

Formal	The act of performing a hash function on the output data. This is used for confirming coin transactions. Read More
Practical	Hashes are used in Blockchains to represent the current state of the world. The input is the entire state of the particular Blockchain. This means all the transactions that have taken place so far and the resulting output hash represents the current state of the Blockchain. Read More
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Formal

The act of performing a hash function on the output data. This is used for confirming coin transactions.

Practical

Hashes are used in Blockchains to represent the current state of the world. The input is the entire state of the particular Blockchain. This means all the transactions that have taken place so far and the resulting output hash represents the current state of the Blockchain.

Armada Chain

Armada allows companies to share data securely amongst multiple partners and create a digital supply network. The Armada Platform allows users to quickly set up their supply chain flows, add partners and stakeholders, and manage data on Armada. An intuitive workflow allows users to quickly set up supply chain processes and visualize data across the supply chain, allowing them to identify bottlenecks and adjust strategies. Armada handles all data security, privacy and interaction with DLT, allowing users to focus on managing their supply chain and delivering the bottom line. Granular provenance of data is achieved through a toolkit to connect with IOT and existing systems. Users can use Armada Applications to handle track & trace, enhanced collaboration channels, or securely share data to 3rd parties to handle services such as trade finance.

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Hash

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