Advantages of Blockchain

Here, we list some advantages of blockchain. One, they’re global: which means that cryptocurrencies can be sent across the planet quickly and cheaply. Second, they increase privacy: Cryptocurrency payments don’t require you to include your personal information, which protects you from being hacked or having your identity stolen. Third, they’re open: As every single transaction on cryptocurrency networks is published publicly in the form of the blockchain, anyone can scrutinize them. That leaves no room for manipulation of transactions, changing the money supply, or adjusting the rules mid-game. The software that constitutes the core of these currencies is free and open-source so anyone can review the code.

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