What is Secret Sharing Does it have any benefit in Blockchain technology


#1

It is a well-known fact that security matters a lot in digital transactions. Secret sharing is an approach meant for same. In Blockchain technology it is an approach that divides secret or personal information into different units and sent them to the users on the network. The original information can only be combined when a participant to whom a share of the secret is allocated agree to combine them together with others. There are several security-related benefits it can offer in Blockchain technology.


#2

Yep, that is the method by which all secret info will be secretly anf securely uploaded on blockchain and no one will be able to see it except the party which has the access to it.