Blockchain has numerous advantages:

But there's more to like about blockchain technology than just its decentralization. Because miners are working 24 hours a day and seven days a week to verify transactions, they can be settled much quicker than through traditional banking, which sticks to normal businesses hours, closes for the weekends, and often holds funds for a few days. Plus, without a middleman, transaction costs can actually go down with blockchain.

Additionally, blockchain offers user control and transparency. Rather than letting a third-party control the future of a cryptocurrencies' blockchain, members of a cryptocurrencies' community are who call the shots with regard to future development.