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Blockchain Key Benefits
Blockchain Technology stores information in chronologically synchronized blocks and these blocks cannot be controlled by a person making the blockchain highly secure.
Decentralized Ledger works end-to-end. DLT allows to record transactions and details of assets in multiple places at the same time without any central authority. Unlike traditional databases, distributed ledgers do not have central data storage or management functions.
Once a block is cryptographically sealed or added to the main chain, it is impossible to delete or edit it, ensuring the immutability of the digital ledger.
It is possible for a user to verify and track their transactions with the entire record of existing transactions on the blockchain.