Security: Blockchain uses cryptographic techniques to ensure the integrity and security of transactions.
2. Transparency: All participants in the network can view the entire transaction history, promoting transparency and trust.
3. Decentralization: There is no single point of control, reducing the risk of censorship or manipulation.
4. Immutability: Once a transaction is recorded, it cannot be altered or deleted, ensuring data integrity.
5. Efficiency: Blockchain can streamline processes by reducing intermediaries and automating transactions.