Blockchain technology provides a transparent and secure process to transfer and digitally record information on a shared transaction database through a secure, decentralized, peer-to-peer distributed ledger, which negates the transactional challenges of counterparty trust and the need for a central repository or ledger. It is designed to facilitate the transfer of information or property between users such that the transfer is guaranteed to be secure and known to all participants and shared across a distributed network where the legitimacy of the transfer cannot be challenged.
BLCN would then focus on companies with a high Blockchain Score, or a proprietary ranking system designed to identify blockchain companies expected to benefit the most from the new blockchain technology.
“Many companies and organizations are innovative, but uncovering which companies may present real, actionable blockchain-related investment opportunities can be challenging. The Blockchain Score methodology is designed to identify the companies that may benefit most from blockchain technology and potentially pinpoint what could be the best of a growing segment of companies developing the underlying technologies behind blockchain innovation. The Blockchain Score methodology is a rules-based, quantitative process built to evaluate the highest-quality companies in various industries across the globe based on their blockchain-related innovative potential,” according to Reality Shares.
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