Reliable and available

Since multiple participants share a blockchain, it has no single point of failure and is thus resilient to attacks.


It is nearly impossible to make changes to a blockchain without detection, thus reducing chances of fraud.


It is possible to make records irrevocable, which can increase accuracy and simplify back-end processes.

Near real time

It provides unbroken and timely record of information.

Saves costs

Since there is no third party or intermediary (banks, legal institution, government) involved, blockchain can cut down costs.


The consensus mechanisms provide the benefits of a consolidated, consistent dataset with reduced errors.