Pls Reply to post W/150 wrds

Blockchain is defined as a digital ledger of transactions maintained by a network of computers in a way that makes it difficult to hack or alter. The technology offers a secure way for individuals to deal directly with each other, without an intermediary like a government, bank or other third party (Rosen, A. 2023). Regarding supply chains, blockchain technology tracks when an item was sold and from where and gives full transparency without giving away financials. It is beneficial as transactions can be done within seconds without human intervention and with minimal to zero errors. Cryptocurrency across blockchain technology allows transactions to be completed without loss of monetary value and without human interaction, saving company overhead costs. Much like anything else Blockchain has pros and cons. Pros are that, unlike banks, blockchains run 24/7 and 365 days a year making them more efficient without interruption from governments or other intermediaries. They are more secure than any other transactions available. However that being said, credit card companies can process up to about 24,000 transactions per second whereas blockchain cryptocurrency transactions can only process about seven per second, so they are still considered slow-moving. Technology is always changing when it comes to supply chains and the complexity of transactions and tracking, blockchain is one way in which organizations can keep track of financials and still remain transparent in their mission and intentions.