Blockchain technology is a cutting-edge digital platform that allows for secure, transparent and tamper-proof transactions. It has many advantages, including but not limited to:
1. It is secure - Transactions on blockchain are secure because they use a distributed database that is constantly updated. No single party can control or edit the data, which makes it virtually impossible for anyone to tamper with transactions.
2. It is transparent - All transactions on blockchain are publicly visible and easily verifiable. This makes it difficult for anyone to hide or evade financial obligations.
3. It is tamper-proof - Because blockchain is decentralized, it is difficult ( if not impossible) for anyone to alter or delete any records without the consent of all participants. This makes it a reliable and trust-worthy platform for making transactions.