A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation of the blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Fireblocks is a blockchain security service provider for moving, storing, and issuing digital assets. It allows business stakeholders from various fields to perform their cryptographic token transactions in a safe, secure environment, without running the risk of losing their private keys or having their assets compromised by malicious hackers.