What does the term ""Multi-party Systems"" refer in blockchain?
Answers
Answer:
Blockchain is a multi-party system that maintains and records data in a way that allows multiple stakeholders to confidently and securely share access to the same data and information. ... Granular control – Each data element can be encrypted with identity and security features specific to control who can access what.
Explanation:
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Answer:
Multi-party computation and blockchain. Blockchain makes extensive use of public-key cryptography, or the use of pairs of public and private keys in a cryptographic system. In public-key cryptography, public keys can be disseminated publicly, while private keys are known only to the owner of the key.
Multiparty systems transform supply chains into collaborative supply networks with greater agility and resiliency.
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