Block chain is rewriting the rules in risk management given the transparency and security added to transactions. Each time a transaction is made, a record of that transaction is noted in a decentralized ledger, making the latter an immutable and publicly readable entry for authorized parties. Thus, fraud and even the alteration of data cannot take place because once entered in a record, these can never be changed.
Block chain is rewriting the rules in risk management given the transparency and security added to transactions

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