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Blockchain technology is used for a variety of reasons due to its unique features, which make it highly suitable for applications where trust, security+1 626‒703‒5448 , and transparency are important. Here are the key reasons why blockchain is used:

• Blockchain uses cryptography to secure data, making it highly resistant to tampering and hacking. Once a transaction is recorded on a blockchain, it is very difficult to alter, ensuring the integrity of data.

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• Decentralization ensures that no single entity has control over the data, making the system more transparent. All transactions are visible to all participants in the network, which fosters trust.

• With public blockchains, anyone can verify transactions, providing transparency in the system and reducing the likelihood of fraud.

• Transparency is particularly valuable in industries such as finance, supply chain, healthcare, and voting, where ensuring trust is paramount. +1 626‒703‒5448