🥁Immutability

There are some exciting features of blockchain, but among them "immutability" is undoubtedly one of the main features of blockchain technology. But why can't this technology be corrupted? Let's start witha connection block chain with immutability. Immutability means something that cannot be changed or changed. This is one of the features of blockchain that helps ensure that technology stays as it is – a permanent and unalterable network. But how is that mantido?

Blockchain technology works slightly differently from the typical banking system. Instead of relying on centralized authorities, it secures blockchain resources through a collection of nodes. All system nodes have a copy of the digital record of the entire network. To add a transaction, every node needs to verify its validity. If most think it is valid, it will be added to the registry. This promotes transparency and combating corruption. Therefore, without the consent of most nodes, no one can add transaction blocks to the registry.

Another fact, which backs up blockchain resources, is that once the transaction blocks are added to the registry, no one can simply go back and change it. Thus, any user on the network will not be able to edit, delete, or update it.

WithCombating Corruption

We know that every year there is a huge amount of money that is invaded in the main traditional channels. Many people spend rivers of money to protect their business from hacks. However, as these systems are already known, we always want to count the internal risks of digital security that come from people and hidden authorities. In many cases, an internal link is required that allows hackers to know and hack into the security system. But even knowing this risk, the population uses the current financial system quietly. Blockchain in financial systems has the challenge to overcome the popularity of traditional systems with a cheaper and more reliable system to the world.

So, when it comes to a corru-freeenvironment, you can easily assume that blockchain can definitely create that scenario. If companies start integrating blockchain technology to keep their network system internal, no one can hack, alter or even steal information. Public Blockchains are a perfect example of this. Anyone on the public blockchain can see transactions, which is why it's super transparent. On the other hand, private or federated blockchain may be better for companies that want to remain transparent among employees and protect their confidential information from competition.