RE: Steemit Crypto Academy Contest / S2W3 - Blockchain in our lives. by @liasteem
Blockchain technology has a high level of security, so it is impossible for hackers to commit fraud
Blockchain can also be hacked by the hackers because the present hackers are very smart and sharp. But I agree with you that blockchain has a less chance of hacking due to its strong privacy.
Blockchain is a decentralized technology or does not require a third party,
Yes blockchain is decentralized that mean we do not need any third party help for the transaction. It is a very good thing about it.
Sometime when I was goes to banks I would take a lot of time for transactions and also need a third party but thank God for blockchain technology who solve my this problem.
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Greetings 🇵🇰
Thank you very much for your good review,
I think we have to be careful about storing passwords to open the blockchain, especially if we don't back them up in a safe place, this will minimize losses.
I will try to visit your blog and also some others, I think blockchain knowledge will increase...
Thank you very much.