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As blockchain transparency can reduce financial fraud in India

As blockchain transparency can reduce financial fraud in India

Blockchain: Convised Transparency Power

In fact, the blockchain should be decentralized and protected from the counterfeiting of the system, in which the transaction is recorded in real time and collected through several nodes, which makes it almost impossible to change previous records without consensus with the entire network. Unlike conventional banking systems that have one main node through which all data can be manipulated, blockchain is a form of open, proven and incorruptible transactions records.