Blockchain technology ensures transparency and security.

Blockchain technology ensures transparency and security by creating a decentralized and tamper-proof ledger of transactions that is accessible to all participants in a network. Each block in the chain contains a cryptographic hash of the previous block, making it nearly impossible to alter past records. This feature is particularly valuable in industries like finance, supply chain management, and healthcare, where data integrity and privacy are crucial. The decentralized nature of blockchain also eliminates the need for intermediaries, reducing costs and increasing efficiency in various processes.