Advantages of blockchain technology for businesses:
Main advantages of Blockchain technology are decentralization, immutability, safety, and accuracy.
1. The blockchain technology provides for affirmation without having to be reliant on third-party like a bank.
2. The data arrangement in a blockchain is stored only. So, the data cannot be altered or eliminated.
3. It uses preserved cryptography to defend the data ledgers. Also, modern ledger is dependent on its adjacent ended block to complete the cryptography method.