Some important points of blockchain technology:-
- High demand of blockchain technology
- Standard data - data in blockchain is wholly accessible an public.
- Eliminating intermediation from the third party.
- Reliability.
- Blockchain stores information in blocks.There are people who maintain the entire blockchain copy on their storage hardware.
- No third party involved. Blockchain cuts out the middlemen for huge type of transaction. We can do any transaction direct person to person.
- Blockchain is highly transparent.
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