RE: Steemit Crypto Academy Contest - S2W3 - Blockchain in our lives by @malikusman1
One of the disadvantage of blockchain technology is that it can be used for illegal purposes. Because whenever we transact through blockchain ,
Yes you are right. Adoption of blockchain in financial sector would pose such a problem because of annonymity.
is also online, and it can be hack..
Yes the hacking has been seen in the past but it is comparatively much secure than our conventional systems as stored information is secured with the help of cryptographic algorithms.
patient's data can be permanently stored on the blockchain and it will be beneficial
To secure the patient data, blockchain is best solution to avoid any data loss. In India, government has started giving online health cards and IDs to all the citizens which are meant to store the patient's health data online. With the implementation of blockchain, such attempts will florish further.
Nice work done.
Thanks
actually, your personal information kept private on blockchain and the people take advantage from it. it is one of the big disadvantage of blockchain but I hope it will be solved in future.
Brother everything that is online can be hacked. It dose not mean blockchain can be not hacked it can also be hacked but i agree with you the chance of hacking in blockchain is too low due to its privacy.
As paper reports are difficult to save for a long term so blockchain is the best option. And Nice to hear from you that India has adopt the blockchain technology in health sectors for storing the online health data. Brother thanks for visiting my post best of luck for the contest.
Greetings 🇵🇰