Decentralization:
Unlike centralized systems, the blockchain is managed by a network of computers (nodes), creating a tamper-proof and trustworthy system.
Immutability:
Once recorded on the blockchain, data cannot be deleted or altered, as each block is cryptographically linked to the previous one.
Transparency:
In a public blockchain, all participants can view transactions, fostering trust. In private blockchains, transparency can be restricted.
Security:
Advanced cryptography secures transactions and prevents unauthorized manipulation. Decentralization makes it difficult for attackers to compromise the system.
Automation through Smart Contracts:
Smart contracts are self-executing contracts that automatically trigger actions when predefined conditions are met.
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