Future of the blockchain

xuanling11
Coinmonks

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Photo by Terry on Unsplash

The blockchain is an automatic public ledger system to record transactions and track their accuracy while providing transparent information to all participating parties. The benefits of using blockchain are transparency, immutability, and efficiency.

However, the opponents of the blockchain argued that it is an invaded, manipulated, and costly system.

If you support blockchain technology, every sector should implement such technology to make it transparent.

The blockchain, in theory, can replace every institution.

And blockchain that can build on top of layers will provide additional features for future uses.

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