Why is Blockchain Important Because it enables secure, transparent, and decentralized transactions without relying on intermediaries. It revolutionizes industries by providing a trustless system where data is immutable and publicly verifiable. Blockchain enhances security by using cryptographic techniques to protect data from tampering or fraud. Its decentralized nature increases transparency, reduces costs, and improves efficiency in finance, healthcare, and supply chain sectors. Blockchain is also crucial for the development of decentralized applications (dApps) and digital assets like cryptocurrencies, NFTs, and smart contracts.
Jack Farris
106 Blog posts
