In addition to this, the transaction information, despite being encrypted, is transparent, since all the members of the blockchain can view its movements. To the above we add the freedom of participation that it offers; since all the people in the whole world have freedom to participate in the chain of blocks from their computer.

Blockchain is secure but that is not to say that there are no scams. When it comes to online businesses, scammers cannot be completely do away with. They always show their ugly heads. They are in the blockchain space too.