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Advantages of a Public Blockchain

  1. Transparency: Transactions are recorded on the public blockchain, ensuring a transparent and auditable record of all activities.

  2. Decentralization: The decentralized nature eliminates intermediaries, reducing costs and enhancing data security.

  3. Security: Transactions are encrypted and tamper-proof, guaranteeing the integrity of your data.

  4. Immutability: Once data is on the blockchain, it remains unchangeable, fostering trust in your operations.

  5. Global Accessibility: The public blockchain is accessible worldwide, facilitating cross-border transactions effortlessly.

  6. Smart Contracts: Utilize smart contracts for automated, self-executing agreements.