Blockchain Ecosystem

Everything in blockchain at one place!

The blockchain ecosystem is a network of participants in a blockchain that shares business objectives and processes.

The dynamics of blockchain, its ongoing development, and its systemic vulnerabilities are rooted in its ecosystem. The blockchain ecosystem is highly complex, ever-changing, and contains a vast array of components that uniquely function to meet the business needs of blockchain. Given the still-early stage of blockchain development, yet the rapid proliferation of activity in the space, it will be important to continue to study the ever-evolving nature of the ecosystem, obtain insight, and subsequently improve and refine the map. It is also crucial to recognize that the blockchain ecosystem could look entirely different in a year, or even a few months. However, given the potential for blockchain to transform a vast number of industries, and perhaps even business and the economy itself, the objective here is to continue to systematically investigate, refine, and enhance this research.

“Blockchain can change our world more than people could imagine” — Alibaba founder MA

Blockchain, or distributed ledger technology, is a database that is consensually shared, replicated, and synchronized. To better understand the technical aspects of a blockchain, it is helpful to explain the concept through an example. When an individual deposits a sum of money into a banking institution, the individual trusts that the sum will be there until they decide to exchange it for goods or services.

AMMAG is an independent Services Contractor committed to the highest technical expertise and customer care standards to deliver sustainable environmental solutions. Our ambition for the Company is to build long-term relationships with our customers so that we understand their processes and can work together to generate real sustainable cost improvements. Client satisfaction is our prime concern and to achieve this we use the latest generation technology, and smart managing skills to ensure on-time delivery.