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Why&how to use blockchain technology to protect the security of our personal financial information



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With the development of blockchain and distributed accounting technology, personal financial information and privacy security become very important. The leakage of personal financial information will cause a series of financial security problems and bring huge security risks to the financial industry. Blockchain technology adopts distributed ledger technology, which can record users' transaction information, improve the protection efficiency of personal information, and track the information through the characteristics of openness, transparency and no tampering. This paper will cite two practical cases to illustrate B & amp; DLT protects personal information and provides three suggestions on the application of blockchain technology in personal financial information.
Category
Cryptocurrencies
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