Computer Science, asked by vv7293902, 2 months ago

Blockchain is often associated with Bitcoin and the financial services industry. However, it is applicable to almost every industry. The term Multi-party Systems better describes how the blockchain system is used. What is a benefit of a Multi-party System?

Answers

Answered by karthiit10
45

Answer:

The System now owns the data and can share it as needed

Explanation:

Answered by aditijaink283
1

Answer:

Data from the same location must be shared by all participating organisations. The data is now the system's, and it may distribute it as required. It can assist companies in releasing the data's hidden worth. To process the data, more workers can be hired.

Explanation:

Data from the same location must be shared by all participating organisations. The data is now the system's, and it may distribute it as required. It can assist companies in releasing the data's hidden worth. To process the data, more workers can be hired. for instance: Veem has joined Circle and Robinhood as one of the most prosperous fintech businesses of 2019. Blockchain technology is used by Veem to carry out payments. A P2P payment system geared toward small enterprises is called Veem.

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