Answer Posted / Jeetender Pal Singh

The benefits of a distributed ledger include: (1) Decentralization, eliminating the need for a central authority or intermediary; (2) Security, due to cryptographic techniques and consensus mechanisms; (3) Transparency, allowing all participants to view the same information; (4) Immutability, once data is recorded, it cannot be altered without leaving a trace; and (5) Efficiency, as multiple parties can validate transactions simultaneously.

What do you do, and what is your professional background?

2