Blockchain takes advantage of hashing technique to keep the transactions on a block directly connected to one another to establish the robust security.
The most powerful feature of Blockchain is immutability, which means, it is impossible to erase or replace the recorded data. The data tempering is prevented by the blockchain network.
Regardless of the network member, they can easily verify the recorded data in the blockchain. Therefore, blockchain makes the process transparent and creates trust in the public.
Blockchain generates an irreversible audit trail, which means, if anyone makes a change on the network, it will be easy to trace the original modifications.
Blockchain is free of censorship and is not managed by any single authority. Therefore, even Government alone can’t operate the entire network.
As blockchain technology stores the information in decentralised way, everyone can easily verify the authenticity of the information by utlizing zero-knowledge proof.
Blockchain takes advantage of hashing technique to keep the transactions on a block directly connected to one another to establish the robust security.
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