Business Studies, asked by suvarnaaruna3, 7 months ago

Which statement is true about blockchain?
Blockchain always requires a central authority as an intermediary.
Blockchain encourages trust among all peers.
Blockchain guarantees the accuracy of the data.
Blockchain enables users to verify that data tampering has not occurred.
I don't know this yet.
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Answers

Answered by krishna210398
28

Answer:

The answer is Blockchain enables users to verify that data tampering has not occurred.

Explanation:

Blockchain is a machine of recording facts in a manner that makes it difficult or not possible to change, hack, or cheat the system. A blockchain is largely a digital ledger of transactions this is duplicated and disbursed throughout the entire community of computer structures at the blockchain.

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Answered by amardeeppsingh176
3

Answer:

Explanation:

Definition of Block Chain:

Blockchain is a method of storing data in such a way that it is difficult or impossible to alter, hack, or cheat it. A blockchain is a digital log of transactions that is duplicated and distributed across the blockchain's complete network of computer systems.

As an intermediary, blockchain always necessitates the use of a central authority. The blockchain promotes peer-to-peer trust. The data accuracy is guaranteed by blockchain. Users can use blockchain to verify that data has not been tampered with.

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