Transaction Fee

A transaction fee is imposed on some transactions sent across the network such as the network that supports bitcoin. It is awarded to the miner that successfully hashes the block containing the relevant transaction.

Blockchain 101
Blockchains Rising Impact on Healthcare
The current healthcare IT (HIT) infrastructure holds healthcare data in some type of centralized location such as an EHR system or a repository run by a health information exchange (HIE). Health IT systems notoriously suffer from [...]
Blockchain 101
Review of Zcash and Potential Applications for the Healthcare Industry
Zcash for the healthcare industry, providing ultimate privacy for patients and providers Review: Zcash, additional privacy for medical transactions. Zcash is the latest bitcoin-derived cryptocurrency, rolled out on Friday October 28 of 2016. Where Zcash [...]
Blockchain 101
Protect Your Family From Healthcare Fraud
When it comes to identity theft, most people are already very cautious. They are proactive in tracking their finance, refrain from sharing valuable information, controlling the use of credit cards, and using blockchain-based technology to [...]
Blockchain 101
10 Facts About Blockchain Technology
A technology that is new on today’s date can turn old in just a few months. Technology evolution has taken place in a speedy manner in the last few years. But there is a technology [...]
Blockchain 101
Key Blockchain Healthcare Use Cases to Watch
Of the many many challenges the US. healthcare system is or isn’t working, it’s become abundantly clear not one is going frequent medical data breaches, counterfeit drug distribution, or forging of the results of the clinical trials. [...]