What Are the Benefits of Blockchain Technology?
Here's a list of key benefits you can expect to achieve when adopting Blockchain technology into your business:
ยท It is an immutable public digital ledger, which means when a transaction is recorded, it cannot be modified
ยท Due to the encryption feature, Blockchain is always secure
ยท The transactions are done instantly and transparently, as the ledger is updated automatically
ยท As it is a decentralized system, no intermediary fee is required
ยท The authenticity of a transaction is verified and confirmed by participants
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