Blockchain facilitates, the highest accountability for any online transactions.
A blockchain is more like an account book, a ledger that records all the cryptocurrency transactions excellently. Using blockchain technology, numerous business associates uses the global database which tracks the transactions of bitcoins. The blockchain is widely used for tracking and storing the data especially on digital assets, voting rights etc. With node based approach, frauds can be avoided. It facilitates the users to create their own digital assets which they want to trade.
Blockchain facilitates, the highest accountability for any online transactions. The main features include transparency and uncorrupted way of storing data. In the case of Blockchain, the data is stored well enough that data is public and hence offers transparency. Hence solves the problem of manipulation with data. As and when a transaction occurs, the computer which is used to perform it gets added to the blockchain network, and the person gets access to it. In a way digitally, an abled network is created and hence becomes a decentralized network. Blockchain cuts off the middleman in transactions and is popular with businessmen. With blockchain, the market predictions, the protection of data etc. becomes easier.