What role does blockchain technology play in preventing phishing, and how can it secure digital interactions?
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Blockchain technology plays a crucial role in preventing phishing by providing a decentralized and secure way to verify and record transactions. By utilizing cryptography and a distributed ledger system, blockchain can authenticate users and ensure the integrity of data. In terms of securing digital interactions, blockchain enhances security by enabling transparent, tamper-proof records of transactions, reducing the risk of fraudulent activities. Additionally, blockchain’s immutable nature makes it difficult for cyber criminals to alter or manipulate data, thus increasing trust and security in digital interactions.