Post
Topic
Board Bitcoin Discussion
Re: Blockchain or Banks: Which has a Better Security for Financial Transactions?
by
SistaFista
on 03/11/2018, 06:37:10 UTC
Blockchain or Banks: Which has a Better Security for Financial Transactions?

By now, it’s highly likely that most of us understand how Blockchain technology has dramatically changed and how the world operates considerably. The Blockchain system is an openly distributed digital ledger technology behind the cryptocurrency industry. According to Alex Tapscott, the co-author of the Blockchain Revolution, the Blockchain technology is changing the concept of banking […]The post Blockchain or Banks: Which has a Better Security for Financial Transactions?


Read more: https://www.trackcoinmarket.com/en/crypto-news/33301/blockchain-banks-security-financial-transactions

Bank system is secure because there are many peoples maintaining your account, protecting the database, and provide services for you.
But in blockchain, you have your own responsible to secure and protect your wallet. Basically, no one can crack the blockchain, so the security is better than common database in bank system.