English, asked by keerthipush, 3 months ago

What is one of the reasons to consider implementing a blockchain solution?

Answers

Answered by madeducators3
63

Reasons to consider implementing a blockchain solution

Explanation:

  • inability to track simultaneous updates by multiple users.
  • ability to work on different versions of the same data.
  • ability to verify that data has not been tampered with since its creation.
  • inability to trace and access data of other users.
Answered by ImpressAgreeable4985
4

I'll let the benefits speak for themselves.

Security: Unquestionable. ...

Traceability: More than track and trace. ...

Transparency: See data in context. ...

Documentation: Compliance and clarity without costly clutter. ...

Effectiveness: More than efficiency. ...

Intermediaries: Fewer needed with less friction.

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