Benefits Of Blockchain Technology:
Blockchain is an immutable public digital ledger, which means when a transaction is recorded, it cannot be modified.
Due to the encryption feature, Blockchain is always secure.
The transactions are done instantly and transparently, as the ledger is updated automatically.
As it is a decentralized system, no intermediary fee is required.
The authenticity of a transaction is verified and confirmed by participants.

How It Can Help In The Future:
Blockchain is a solution to many problems these days. The future may ask to secure every system even more. Also, it reduces the risk of hacking and data tamper.Also Banking It typically takes multiple hours to encash a cheque and update the statement. While using Blockchain technology, it will be done in merely ten minutes. The time needed is the same as the time necessary to add a block in the Blockchain and also
Healthcare professionals can use Blockchain to store patient’s records safely there. It will enhance the safety of the information.
Property records should use Blockchain with Smart Contracts. This will uphold the statements to all the parties.Also Voting, using Blockchain in Voting will indulge in the safety of counting and misinterpretation.
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