3 ms·
Depends what you mean by auditable. Not only is the blockchain tamper proof but it is also a public record. So with traditional audit trails even if there are
by redcalx 9y ago
Depends what you mean by auditable.
Not only is the blockchain tamper proof but it is also a public record. So with traditional audit trails even if there are multiple copies you could still have the government seize or modify all copies. With the blockchain any such attempt at a cover up just isn't possible - once you've chosen to publish data publically and in a tamper prof way that suppresses calls of 'fake news!'.
So in that respect the choice to use the the blockchain can be seen as a genuine attempt to prevent corruption rather than paying lip service.