1. Blockchain technology is secure and transparent.
2. Blockchain technology can be used to track and trace assets.
3. Blockchain technology can help reduce fraudulent activities.
Other related questions:
Q: What is an advantage of using blockchain technology quizlet?
A: There are many advantages of using blockchain technology, including improved security, transparency, and efficiency. Additionally, blockchain technology can help to reduce costs and speed up transaction times.
Q: What is the advantage and disadvantage of blockchain technology?
A: The main advantage of blockchain technology is that it is distributed and therefore more secure. The disadvantage is that it can be slower and more expensive than other technologies.
Q: What is an advantage of using blockchain technology Accenture?
A: Some advantages of using blockchain technology include increased security, transparency, and efficiency. Additionally, blockchain technology can help reduce costs and speed up transactions.
Q: What are the 3 technologies that form blockchain?
A: 1. Blockchain technology can be used to create a secure, decentralized database.
2. Blockchain technology can be used to create digital contracts and transactions.
3. Blockchain technology can be used to create a distributed ledger.