Decentralization and Blockchain
Decentralization is a key feature of blockchain technology that distributes control and decision-making power across a network of nodes, rather than giving it to a single entity. This helps to make blockchains more secure, transparent, and trustworthy, and reduces the risk of data manipulationDecentralization refers to a specific form of organizational structure where the top management delegates decision-making responsibilities and daily operations to middle and lower subordinates. The top management can thus concentrate on making major decisions with greater time abundance.
