The importance of a transparent and tamper-proof ledger cannot be overstated. All transactions would be completely transparent and accountable as a result of this. It would also guard against tampering with the ledger, ensuring its accuracy. It will also make it easier for businesses to track their supply networks and detect fraudulent activity. It might also be used to keep track of voting records and other critical information. It will enable businesses to track and save their information digitally without fear of being hacked.