Aisto® is a new, patented, blockchain enabled service from meshIP®. More than just the underlying technology for Bitcoin or other tokens used to facilitate transactions, the blockchain has many practical uses, including within the corrections industry.
A blockchain definition: A blockchain is a database that is distributed among multiple computing devices. A blockchain is formed from blocks, with each block having information related to a transaction and linking the block to a prior block in the chain. The computing devices can each have respective copies of the blockchain, so that no centralized or official copy of the blockchain exists and no computing device is trusted more than any other computing device. When a user initiates a transaction, some or all of the computing devices can verify the transaction. After verifying the transaction, the computing devices can include information related to the transaction into the respective copies of the blockchain. This can be more robust and secure than many other approaches. At a high level, blockchain technology allows a network of computers to agree at regular intervals on the true state of a distributed ledger. The ledger is distributed across many participants in the network — it doesn’t exist in one place. Instead, copies exist and are simultaneously updated with every fully participating node in the ecosystem. A block could represent transactions and data of many types.
To learn more about Aisto, visit https://www.prisoncellphones.com/aisto/
- Another One Bites The Dust - August 25, 2021
- meshDETECT® Announces Notice Of Allowance From The USPTO For Eighth Patent For Blockchain Wireless Services - June 17, 2021
- Prison Payphone Industry Consolidation Continues - September 11, 2020