What is one of the reasons to consider implementing a blockchain solut

1.	What is one of the reasons to consider implementing a blockchain solution?
Answer» SECURITY: Unquestionable The method by which TRANSACTION records are validated and added to a blockchain is inherently more secure than other record-keeping SYSTEMS. In order for a transaction to be APPROVED, participants must agree on it through consensus. Then the transaction is encrypted and linked to the previous transaction. This creates an immutable chain that is virtually impossible to modify retroactively since it would require the alteration of all subsequent blocks and the collusion of the ENTIRE network.

What is one of the reasons to consider implementing a blockchain solution?

Answer»

SECURITY: Unquestionable

The method by which TRANSACTION records are validated and added to a blockchain is inherently more secure than other record-keeping SYSTEMS. In order for a transaction to be APPROVED, participants must agree on it through consensus. Then the transaction is encrypted and linked to the previous transaction. This creates an immutable chain that is virtually impossible to modify retroactively since it would require the alteration of all subsequent blocks and the collusion of the ENTIRE network.

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