What does the term "Multi-party Systems" refer?
Blockchain
Answers
Answer:
The term “multi-party” refers to the expression of two or more entities looking to have an interchange using some item of value. ... But it could also involve traditional databases or other common resources like ERP and traditional business systems.
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Answer:
Multi-party systems
Explanation:
A multi party system is a vital and complex part in a business process. Blockchain eases trust in multi-party systems by giving a clear and decentralised control and an unchangeable transaction history which improves security and accountability between the parties. Multiparty systems creates a shared data infrastructure between an individual and an organization that drives efficiency and creates a new business and revenue models. they include blockchain, distributed ledger, distributed database, tokenization and a variety of other technologies and capabilities.