Wed. Sep 28th, 2022

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.

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