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Immutability – transactions, once recorded on blockchain, can’t be changed or deleted. As all transactions are time stamped & date-stamped for permanent record
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Traceability – blockchain isn’t just about speed; it’s also about the ability to trace the origin of those of the documents and products
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Speed – eliminate paper & excel based systems from the business process. Streamline documentation with blockchain
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Automation – Transactions can even be automated with “smart contracts,” which increase your efficiency and speed the process even further.
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Transparency – in peer-to-peer network, all the participants can see the same information at the same time, providing convenient and trustworthy
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Security – Information is stored across a network of devices rather than a single server, making it difficult for hackers to view and hack data
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