Why do we need blockchain technology?
Well. That's a solution that are able to guarantee safe storage of data online and the need to keep snooping government agencies at bay. The need for fast, secure and affordable money transfer systems has also gone a long way in shedding light on the need for the new technology.
In addition, having transparency in every transaction and it is documented under the blockchain company which is really good at sending money. The blockchain technology is very important in the internet transaction that can list transaction transparently. Through this technology, it makes worldwide transactions faster than ever.