Transparency: The blockchain tech is transparent, as shown in the way it handles cryptocurrencies. Each transaction has a unique identifier, which ensures easy tracking and supply chain integrity.
Speed: Transactions are implemented at lightning fast speeds, with reduced latency. This is a sharp contrast from slow bank transactions and central servers that are unreliable and cumbersome.
Cost-Effectiveness: Due to the entire technology being digital, blockchain makes validation, verification and data-security a cost-effective process.