Blockchain security is a major benefit. Blockchain technology provides an increase in security internationally due to its distributed nature and the fact that it can be publicly audited.

Within blockchain networks, those deemed “public” or “permissionless” tend to be transnational, so when a certain operation is carried out on a smart contract, it is reflected identically in thousands of nodes across the globe.

In the case of the Alastria Telsius network, where Docuten’s smart contracts operate, all nodes are located in EU countries. Meaning, this network does not entail a global infrastructure, but rather (having been created in Spain) a regional network operating at the European level. While still distributed, all nodes are located within the EU, which facilitates operation under common legislation.

This provides the assurance for us as well as our clients that we can benefit from all the advantages of decentralisation, but protected under the umbrella of a national and European legal framework.

More information about blockchain security in this video.

Feel free to contact us if you have further questions.