What are the key differences between blockchain and traditional methods?
An example of an AI chatbot conversation about blockchain vs traditional methods.
What are the key differences between blockchain and traditional methods?
Blockchain is decentralized and transparent, while traditional methods are often centralized and less transparent.
Can you explain how blockchain enhances security compared to traditional systems?
Blockchain uses cryptographic techniques and consensus mechanisms, making it more secure against fraud and hacking.
What are some real-world applications of blockchain?
Real-world applications include supply chain management, healthcare records, and financial transactions.
Are there any disadvantages to using blockchain?
Yes, disadvantages include scalability issues, high energy consumption, and regulatory challenges.
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