What Are The Benefits Of Blockchain In Our Today’s Life?

christinamilinyte
2022-10-27 10:23:05

What Are The Benefits Of Blockchain In Our Today’s Life?

ErikVoorhees
2022-10-27 10:32:58

The advent of blockchain technology brought many benefits in many different industries, providing greater security in trustless systems. However, its decentralized nature also brings some downsides.

Advantages of blockchain: better security, efficiency, traceability, greater transparency.
Disadvantages of blockchain: 51% Attacks, Data modification, Storage.