Question

How can blockchain be used to support sustainable business practices?

A. by only trading cryptocurrency in countries with strong human rights records
B. by tracking where goods come from and the social impact of supply chains
C. by using large-scale cryptocurrency mining centers to reduce energy consumption
D. by revealing the personal information of its users to law enforcement agencies

Answer 1

Answer:

B

Explanation:

by tracking where goods come from and the social impact of supply chains

Answer 2

True Statements:

B.by tracking where goods come from and the social impact of supply chains.

A Blockchain is a public digital process of transactions that records information in a way that makes it difficult to get hacked.

Explanation:

Each transaction that takes in this process is independently verified by peer-to-peer computer networks.

It has time-stamped and is added to a growing chain of data.

Once recorded, the data here cannot be updated.

Blockchain insists confidence in a network by upsetting the business models in the process.

By tracking where items come from and the social impact of supply chains, It can be used to encourage sustainable business practices.