The blockchain technology has complete potential to improve the drawbacks that are present in the traditional financial system and businesses system. There are lot of features of blockchain technology that are very much for all the fields of daily life.

The encryption that is central to blockchain application make is very it quite and useful for record management since it prevent fraudulent entered and also prevent duplicates of transaction and many more.

No doubt, the storage of data is very much important in every business and company. The blockchain technology has introduced a new system to store this data permanently and non-editable.

Thanks a lot for sharing with us and wishing a very good for the contest.