If you are using Clear Coin for various financial transactions, you should not miss to know about blockchain and how can it help you. Blockchain is a secure online database, with tons of features for you to have efficiency, convenience and reliability through the process.
How Can You Have Secured Clear Coin Transaction Using Blockchain?
ClearCoin is one of the best cryptocurrency you can have today. Especially with its reversibility, it has some features that makes it better than bitcoin. Thus, you want to use it in few transactions like on escrow processes. However, you need to know about blockchain first, for you to have more secured transactions.
Blockchain is an online database infrastructure that has several features for better use on financial transactions. For starters, it can connect thousands of accounts or computers into one network. All of these accounts can view data and info on the blockchain network. Moreover, everyone in the network’s list will receive real-time update for any changes in the data. If one person edits or deletes one data, everyone in the list can see it real-time.
That is the very feature that makes a blockchain perfect for Clear Coin processes. Blockchain can help you in securing your ClearCoin amount; especially that no one can touch or tamper it without you knowing it. Additionally, you will get notifications about the proceedings of the transaction. You just have to approve or reject those, depending on your own discretion. This makes blockchain perfect if you are using CLR for real estate escrow transactions, and in some other investment financial processes.
You just have to know more on how exactly you should use the blockchain technology. Moreover, learn how you can use it together with Clear Coin for your advantage. This can help you have more convenient and secured processes, while decreasing your risk with it.