Open Access
Table 3
Benefits and drawbacks of BCT.
| Benefits of BCT | Drawbacks of BCT |
|---|---|
| Immutable, tamper-proof, and timestamped data | Computational resource eagerness (Concerning permissionless chains) |
| Decentralized, independent ecosystem and Reduced number of intermediaries and low maintenance cost for end-users | Performance issues (Concerning permissionless chains) |
| Transparency and auditability | Privacy concerns (Concerning permissionless chains) |
| High scalability and Enabling business automation and excellent data quality | Operational challenges around data immutability |
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