• Every transaction is public and users can maintain individual anonymity.
  • Provides decentralisation and becomes a great advantage for situations where a network needs to be decentralized.
  • Full transparency of the ledger.
  • Faster, secure and less expensive than the accounting systems and methods used today in the finance industry, however, the costs are higher and speeds are slower than on a private chain.

Was this article helpful to you?

TronGuide