Review:
Blockchain Technology
overall review score: 4.6
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score is between 0 and 5
Blockchain technology is a decentralized and distributed digital ledger that records transactions across multiple computers in a secure and transparent manner.
Key Features
- Decentralization
- Transparency
- Security
- Immutability
Pros
- Enhanced security of data
- Eliminates the need for intermediaries in transactions
- Increased transparency and accountability
Cons
- Scalability issues with some blockchain networks
- Energy-intensive mining process for some cryptocurrencies