What is Blockchain?

Transparency

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In a distributed ledger, every transaction is recorded publicly. Public verifiability allows anyone to verify correct system working. 

Integrity

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Everything is a archived and authorized in a decentralized way and then system ensures that data is processed in a reliable and transparent manner.

Immutable

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A third party cannot make any changes to the system. 

Security

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With no central point to be exploited the system is protected against hacking, attacks and fraud. 

No Intermediary

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Peer to peer and business to business transactions is completed without the need for third party that odds costs. 

Innovation

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Completely new business models that blockchain introduces may lead to substantial competitive advantages.