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Define decentralization describe the advantage and disadvantages of a decentralized system in what areas of life can a decentralized blockchain be helpful.

The blockchain acts as a decentralized system. The information contained in it cannot be changed or accessed under any circumstances.In a centralized system the user is not empowered and autonomous in decision making he runs completely under the centralized system If you write an article that is against the centralized system or any work that is against the principles of the central system will close your account This means that the centralized system has full control over your account, for example YouTube, Facebook, Twitter and tiktok, While the Decentralizad system is a completely different system, the Decentralizad system is a system in which the user is empowered and autonomous in decision making.In this system the user has complete freedom, he is autonomous in all matters of his business transactions and he can fully express his views in which he can fully operate his account and above. It has full access to the third party does not have access to its information and account, In this system everyone from the top to the bottom has the power. They are empowered in this system that it has the power to run itself. In this system you can deposit money at will and send it to someone and then you can decide for yourself in the profit and loss of your business how you will not be bound by the centralized system you will have complete freedom that You run your account and business entirely, Decentralizad systems are created by combining thousands of computers that act as servers. These computers are called nodes and your account is not accessed by any third party. It stores all your information.

Advantages

In this system the user has complete freedom to express his opinion. There will be no restriction in giving his opinion. He can express his opinion freely.

In this system every user has the autonomy to run his account as he pleases, to handle his transactions, his business and his account. The central system has no role in this and no principles are included in it.

In this system you can deposit money at will and send your money to anyone at any time and run your business.

Your information is completely protected in this system. No third party can access it. No one can hack your information unless you want to.

Through this system, business transactions and money from all over the world can be done in a timely and accurate manner and in a transparent manner. In this system, fraud in government fund sectors can be thoroughly investigated as to when and when and where and how much funds have been sent to whom and when and when and where full details have been sent. It is included in the system so there is no room for fraud and it is a completely transparent system

This system completely protects all your information and has a history of all your transactions Therefore, through this system, fraud can be completely eliminated and it is possible to discuss issues between other countries.

In this system one person does not have superiority over another person. Every human being is given full power and equal power to work as he pleases and he develops and moves forward according to his ability.

Disadvantages

This system requires trained and skilled people because if your transaction is done on a wrong account there is no refund so there is a need for skilled people here and there is no room for error that your If some money has been transferred to another account by mistake, it cannot be refunded

In this system you have complete freedom to send your money to anyone and deposit your money at any time which means you are independent in all matters of your transactions Therefore, money from illicit funds can be used exclusively for any crime which is very harmful Similarly, not everyone has the ability to make timely decisions and they make wrong decisions which have very negative consequences, so it requires developed and trained people and a small mistake can cause you a big loss. Can be

The decentralized system is helpful in various areas of life

Through this system your business can be improved. The trader can send and receive his money at any time and to any person of his choice and it is a fast working system. Can be made

Through this system the education system can be improved. Students can be given private lectures which are very beneficial for their education and their future. And consciousness can be created within them

Many people who have power are illegally occupying people's lands and occupying their lands by making illegal documents. Through this system you can completely eradicate fraud and corruption. In any country, you can keep a complete record of your purchase and sale of your land and a record of your land documents that can be accessed.

The banking and funds system can be improved through this system. It contains complete details of the transactions, who did what and when and how much and at what time the transaction was done.In this way, corruption in funds can be eliminated and the banking system can be accelerated and improved.

With this system the health system can be improved. You can keep a complete record of your medicine in it and when you are undergoing treatment you have to consult different doctors. Can consult various doctors and check their data which is very useful for our poor and can improve the health system.

In this system, if you vote for someone, no one else can transfer your vote to anyone else, so the system of politics can be improved through this system, because if there is an election, there will be allegations of fraud. Therefore, fraud and allegations can be eliminated through this system and the system of politics can be carried out in a better and calmer manner and allegations of fraud can be eliminated.

This system can be effective in various sectors at the government level. Through this system, tax collection can be done properly and transparently.

A trained person can improve various areas of his life through this system and at the government level this system can be effective in various fields.

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Sir @Yousafharoonkhan