Blockchain technology ensures secure data management without a central authority. Data is stored on a distributed network, with each transaction cryptographically secured. This prevents data manipulation and fraudulent activities. In healthcare, blockchain can protect sensitive patient information. In supply chain management, it enables transparent tracking of products from origin to consumer, deterring counterfeit goods and boosting consumer confidence. Blockchain's potential to secure and streamline data management processes offers significant benefits across industries.
Posted Using InLeo Alpha