Block chain is rewriting the rules in risk management given the transparency and security added to transactions. Each time a transaction is made, a record of that transaction is noted in a decentralized ledger, making the latter an immutable and publicly readable entry for authorized parties. Thus, fraud and even the alteration of data cannot take
once entered in a record
Block chain is rewriting the rules in risk management given the transparency and security added to transactions. Each time a transaction is made, a record of that transaction is noted in a decentralized ledger, making the latter an immutable and publicly readable entry for authorized parties. Thus, fraud and even the alteration of data cannot take
the contracts automatically
It means that the contracts automatically enforce and remove any scope of error by man while it avoids using third-party intermediaries. https://finxl.in/advance-excel-online-classes-courses-training.html