🔑Key Advantages of Blockchain

  • It allows users to easily verify transaction without the need for third-party confirmation

  • A data structure in the blockchain cannot be changed, altered, or deleted

  • Time-stamping of blocks which means all participants in the ledger activity will adhere to what to be recorded in the block

  • To validate the entry, many protocols are required for verification and this is why there is no risk of any fraud or duplication of a transaction

  • Businesses across the globe can preconfigure blockchain's conditions with the help of smart contracts

PreviousMarketplace and PaymentsNextWhy do we need BEP-20 Token and What is the Ultimate Solution?

Last updated