Whois & Analysis for shipfinex.com

A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes.

Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).

Since each block contains information about the previous block, they effectively form a chain (compare linked list data structure), with each additional block linking to the ones before it.

Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.

Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.

ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value".

Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies.

An oil platform (also called an oil rig, offshore platform, oil production platform, etc) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed.

Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform bridge linked to the production platform.

Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas.

Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float.

In some arrangements the main facility may have storage facilities for the processed oil.

Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections.

These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells.

Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible.

Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties.

Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money.

Economists refer to a system or network that allows trade as a market.