Question

Fill in the blanks:
a)----------------- invented the concept of Blockchain.

Answer 1

Answer:

The blockchain was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin.

Answer 2

Answer:

Satoshi Nakamoto Invented the concept of Blockchain.

Explanation:

• Blockchain has the potential to become a pillar of the global record-keeping infrastructure.
• It was developed by the anonymous developers of the virtual currency Bitcoin using the alias Satoshi Nakamoto.
• In 2009, Satoshi Nakamoto, the person who created Bitcoin and popularised blockchain technology, gave birth to blockchain.
• Blockchain is a decentralised, immutable database that makes it easier to track assets and record transactions in a corporate network.
• An asset may be physical (such as a home, car, money, or land) or intangible (intellectual property, patents, copyrights, branding).
• The author of the original Bitcoin known only by the pseudonym Satoshi Nakamoto, is credited with creating Blockchain.
• Many people have claimed to be Satoshi or were believed to be him, but their real identity is unknown.

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