Key Blockchain Concepts:

- A blockchain is a tamper-evident, shared digital ledger that records transactions (such as exchange of data) in a public or private peer-to-peer network.
- And a distributed ledger is a type of database that is shared, replicated, and synchronised among the members of a decentralised network. 

Why Blockchain Concepts Can Be Useful

- Every record in the distributed ledger has a timestamp and unique cryptographic signature, thus making the ledger an auditable, immutable history of all transactions in the network.
- Therefore, the blockchain acts as a single source of truth, and members in a blockchain network can view only those transactions that are relevant to them.

RecordChain is TMLabs’ Exploratory Distributed application using Blockchain Concepts.

Key features incorporated into this release:

- Capability to use hashing algorithm to build a blockchain that will assist with identifying unwanted tampering activities.
- Ability to distribute data across multiple instances for improved security.
- Local and remote instance validation whenever a record was updated after it reaches a certain state.
- Automatically create an Incident when tampering occurs on a record.
- Tailored Configuration: The app is open source so that customers can modify it to their needs.