Why Use Blockchain?

Blockchain technology offers several advantages over traditional systems, including:

• Increased Trust: Since data is publicly recorded and immutable, blockchain can establish a trust system without intermediaries—especially valuable in finance and asset management.

• Reduced Costs: By removing intermediaries through decentralization, blockchain lowers operational and transaction costs.

• Enhanced Transparency: All transaction records are visible to network participants in real time, helping to prevent fraud and ensure data integrity.

• Improved Efficiency: With automated smart contracts, blockchain enables paperless, streamlined business processes, drastically reducing transaction times and execution steps.

• Data Security: Blockchain utilizes encryption and a distributed network structure to provide a high level of data security, protecting against malicious attacks and data leaks.

These benefits make blockchain an essential tool for digital transformation and new business model development. It’s widely applied in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), supply chain management, and the Internet of Things (IoT).