Blockchain secures mobile payments by ensuring transparency and tamper-proof records, enhancing transaction trustworthiness.
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Blockchain secures mobile payments by ensuring transparency and tamper-proof records, enhancing transaction trustworthiness.
Blockchain secures mobile payments by utilizing decentralized, distributed ledger technology that ensures transparency and tamper-proof records. This means that all transactions made within the blockchain network are recorded in a way that cannot be altered or deleted, enhancing the trustworthiness of the entire system. Each transaction is verified by multiple nodes in the network, making it extremely secure and reliable for processing payments.