Block-chain technology is now a popular and necessary tool in the business world. It’s been used significantly in cryptocurrency transactions, but it has recently emerged as an industry standard to handle transactions more securely than before. It has now become essential for any company that needs secure data transfer or decentralized storage of its records. At ACT, we’re experts in developing blockchain technology for our customers and helping them with smooth and secured transactions.
A blockchain is a type of ledger that stores transactions in blocks. These records are unique digital signatures that ensure authenticity and high integrity. One of the biggest benefits is no one can tamper with them without getting caught, as the blockchains themselves maintain their own data structures for tracking these entries. This is why Blockchain is considered as one of the safest options for financial transactions.