Question

What does the term “Multi-party Systems” refer?


databases hosted on a single central server


multiple versions of data stored by different parts, or entities, within an organization


Accenture’s practice that transforms ecosystems using technologies, such as blockchain, digital identity, and confidential computation


Accenture’s partnerships with external blockchain providers

Answer 1

Answer:

A multi-party system is a political system in which multiple political parties across the political spectrum run for national election, and all have the capacity to gain control of government offices, separately or in coalition.

I hope this is right answer.

Answer 2

Answer:

Multiple versions of data stored by different parts, or entities, within an organization is the correct answer.

Explanation:

Multiparty systems enable individuals and organisations to share a data infrastructure, increasing efficiency and enabling the development of new business and revenue models. Blockchain, distributed ledger, distributed database, tokenization, and a number of additional technologies and capabilities are among them.

• Several initiatives were already in the works. COVID-19 made it evident that public sector enterprises cannot negotiate change and uncertainty alone, and it accelerated the introduction of multiparty system initiatives.

• Blockchain and multi-party computation Blockchain makes considerable use of public-key cryptography, or the usage of a cryptographic system using pairs of public and private keys.
• Public keys in public-key cryptography can be distributed widely, whereas private keys are known only to the key's owner.

                 Hence, the multi-party systems refer to multiple versions of data stored by different parts, or entities, within an organizaton.

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