Friday, February 14, 2025

Bitcoin Transactions are Traceable (Common Misconception)

 It is a common misconception that bitcoin transactions are fully anonymous and untraceable. This is not true. While it is true that bitcoin transactions are not directly linked to the identities of the people involved, bitcoin transactions can be traced using blockchain analysis tools.



Reasons why Companies are Switching to Blockchain-based Solutions

 Reasons why companies are switching to blockchain-based solutions:

1. Increased transparency and immutability

2. Reduce transaction costs

3. Eliminate middlemen