how does blockchain technology help organizations when sharing data | |
Blockchain technology helps organizations when sharing data by providing a decentralized and secure platform. It eliminates the need for a central authority or intermediary to manage data exchanges, reducing costs and improving efficiency. The use of cryptographic techniques ensures data integrity and security, preventing unauthorized access or tampering. Additionally, blockchain technology enables organizations to maintain a transparent and auditable record of data transactions, enhancing trust and accountability among participants. | |
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