Business Studies, asked by huzaifa2003, 10 months ago

How does the blockchain model for business differ from bitcoins?

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Answered by Anonymous

The Bitcoin blockchain in its simplest form is a database or ledger comprised of Bitcoin transaction records. However, because this database is distributed across a peer-to-peer network and is without a central authority, network participants must agree on the validity of transactions before they can be recorded. .

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Answered by BrainlyBAKA

"Blockchain is a technology and many cryptocurrencies like bitcoin using blockchain for secure and anonymous transactions. Blockchain is a transparent mechanism, whereas bitcoins operate on anonymity. Blockchain has a much more extensive use, while bitcoin is only restricted to exchange in digital currencies.

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