Blockchain network would make it impossible to bypass the traditional financial intermediaries true or false
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‘Blockchain network would make it impossible to bypass the traditional financial intermediaries’ is a TRUE statement.
Explanation:
- By utilizing the cryptography and math combinations, the blockchain delivers a decentralized, open database for any kind of transaction involving such value.
- Certain things like goods, property, money, or work are maintained with records along with a perfect authentication which can be verified by the whole community and need not require a third party to finish the transaction.
- Here, the Bitcoin network would make it impossible to bypass the traditionally used financial intermediaries.
Learn more about financial intermediaries
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