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

It should go without saying that security is crucial in digital transactions. Secret sharing is a way of splitting secret or personal information into smaller parts and transmitting them to network members in Blockchain technology. Only if a person who has been allotted a part of the secret agrees to share it with others can the original knowledge be combined with others. There are a lot of security features that Blockchain technology may bring.