Blockchain advantages and growth (bitcoin)

in #mgsc6 years ago

Hi everyone
My name is Navnath from India
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1.fee-less transaction fees as compare to bank

2.transparency- various business use block chain like store data accurately

3.security-is a decentralized platform use record of transaction

4.speed- bitcoin average speed per second 7 transaction
.ethereum -per second 15 transaction
.Ripple-per second 1500 transaction

5.accounting- blockchain use business like maintaining ledger account and other data to related to buisness

6.smart contract-means allow the transaction of third entries

7.Voting-blockchain using in political election and secure data

8.peer-to-peer to transaction- each participant hold a complete record of transactions through peer to peer verification of transactions.

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